Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/13/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 13, 2009
Resistance Levels: 8200, 8250, 8375, 8600
Support Levels: 8087, 8000
http://stockcharts.com/ - Chart
The Dow Jones continued the recent downtrend Friday after failing at the neckline of the head and shoulders formation over the past few days. A close back above 8250 at any point could produce and additional rally to 8400...so make sure you keep that in mind when you are trading. I am also watching 8087 because if the Dow Jones breaks through that low, I am expecting 8000 to be tested. A close below 8000 will take the Dow Jones down to 7800 which should produce a nice recovery bounce back rally. There will be some big earnings reports next week! For More Technical Analysis - Go Here
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