Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/31/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 31, 2009
Resistance Levels: 9125, 9284
Support Levels: 9000, 8878, 8500
http://stockcharts.com/ - Chart
The Dow Jones broke to a fresh 2009 high today but gave back a lot of gains during the final half hour. This is something to watch closely as we go into next week. I am bullish as long as the Dow can remain over 9000. Given the huge move today, a break below 9000 at any point would be very bearish and I'd be selling out of stocks. I am looking to load up again around 8700 which is the 50 day moving average
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