The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/19/09Dow Jones Industrial Average Support & Resistance Levels - June 19, 2009
Resistance Levels: 8600, 8878, 9000
Support Levels: 8500, 8358, 8250
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The Dow Jones climbed back to close over 8500 today which is great but failed at the 200 day moving average. With the recent correction, I am neutral but would become bullish again if the Dow can close back over 8700. There is a ton of resistance in the 8600's so be cautious here. I would like to see a key retest of the 50 day moving average and have that hold. All three moving averages are coming together again. For More Technical Analysis - Go Here
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