Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/20/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 20, 2009
Resistance Levels: 8878, 9000
Support Levels: 8600, 8480, 8331, 8250
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The Dow Jones closed up for the 5th straight day as the monster snap back rally continues. Next week is the busiest week for earnings for the season so expect there to be a lot of volatility. I am looking to buy pullbacks to 8500 as well as down to 8300. I also realize that if the Dow Jones closes over 8800, there could be a sharp move for a retest of 9000.A close back below 8250 at any time would be bearish and the sellers will come back once again. For More Technical Analysis - Go Here
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