Dow Jones Industrial Average Support & Resistance Levels - June 11, 2009
Resistance Levels: 8840, 9000
Support Levels: 8600, 8500, 8250
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The Dow Jones tested the 8840 resistance level at the open but failed as the day went on. The Dow has basically traded sideways on low volume all week. A close above 8840 would set up a retest of 9000 which I think will eventually happen. If the Dow closes back under 8500 I will then be cautious when thinking about buying stocks. Eventually, the 50 day moving average will be retested. For More Technical Analysis - Go Here
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