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Monday, June 1, 2009

Dow Jones Analysis 6/2/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/2/09

Dow Jones Industrial Average Support & Resistance Levels - June 2, 2009

Resistance Levels: 8765, 9000

Support Levels: 8500, 8250, 8000




The Dow Jones continued the rally from the last half hour on Friday and is now testing the 200 day moving average which is down to 8765. A close above this level would be very bullish and we could see a run toward 9000 where there is more resistance. 8500 now becomes a support level that must hold from here on out to continue the run. For More Technical Analysis - Go Here


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