Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 6, 2009
Resistance Levels: 8600, 8700
Support Levels: 8250, 8200
http://stockcharts.com/ - Chart
The Dow Jones broke back below all three major moving average today and formed the right shoulder of a head and shoulders pattern. The neckline is 8200 intraday and 8250 on a closing basis. If the Dow breaks any of these two points, I feel we will go down to atleast retest 8000. All rallies back above 8500 should now be sold. Keep an eye on this situation next week! For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index - Stock Forum
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free