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Thursday, June 4, 2009

Dow Jones Analysis 6/5/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/5/09

Dow Jones Industrial Average Support & Resistance Levels - June 5, 2009

Resistance Levels: 8733, 9000

Support Levels: 8500, 8250, 8000



The Dow Jones closed over the 200 day moving average for the first time in over a year today...a very bullish signal. I still like pullbacks to the 10 day moving average as well as the 50 day moving average. If the jobs number is not a disaster tomorrow, I am looking for a retest of 9000 in the coming weeks For More Technical Analysis - Go Here


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