Dow Jones Industrial Average ($DJI) Support & Resistance Levels - June 25, 2009
Resistance Levels: 8390, 8522, 8600
Support Levels: 8250, 8000
http://stockcharts.com/ - Chart
The Dow Jones failed at the 50 day moving average today, giving up a 100 point gain to close down 23. The 10 day moving average is getting ready to break down through the 200 day moving average which is a bearish signal but so far we managed to hold 8250 on a closing basis. Keep an eye on the initial claims data out at 8:30am Thursday. As long as we remain below 8500 but above 8250, I am neutral. For More Technical Analysis - Go Here
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