The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/15/09Dow Jones Industrial Average Support & Resistance Levels - June 15, 2009
Resistance Levels: 8878, 9000
Support Levels: 8600, 8500, 8250
http://stockcharts.com/ - Chart
The Dow Jones closed at it's highest level in 6 months Friday and still remains over all three major moving averages. Support continues to be located at 8600 and then 8500. A close below 8500 and I would start to get cautious going forward just like the start of 2009. It can really go either way at this point since we've basically traded sideways all week!!
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