The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/10/09Dow Jones Industrial Average Support & Resistance Levels - June 10, 2009
Resistance Levels: 8840, 9000
Support Levels: 8600, 8500, 8250
http://stockcharts.com/ - Chart
The Dow Jones continues to trade over and bounce off the 200 day moving average which is very bullish. The 10 day moving average is now up to 8638 which is a nice short term support level. Watch for the Dow to break through 8840 which is resistance and I then expect a retest of 9000.
I'd be buying pullbacks all the way down to 8500 but a close below that area would be bearish and I'd have to re access. For More Technical Analysis - Go Here
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