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Tuesday, July 21, 2009

Dow Jones Analysis 7/22/09 Stock Market Analysis

Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/22/09

Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 22, 2009

Resistance Levels: 9000, 9088

Support Levels: 8600, 8500, 8331, 8250



The Dow Jones ended up for the 7th straight day as the explosive rally continues! Earnings out of CAT and AAPL were the story today and will carry into tomorrow. The Dow is now just 85 points away from 9000 which will be a huge resistance level. If the Dow breaks through 9000 I would probably start taking profits and wait for a pullback. For More Technical Analysis - Go Here


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