Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 8/11/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - August 11, 2009
Resistance Levels: 9438, 9500
Support Levels: 9230, 9040, 9000, 8600
http://stockcharts.com/ - Chart
The Dow Jones had a mini pullback Monday but has been very strong at or near the 10 day moving average since this latest run started in July. I am still watching for a close below the 10 day moving average for a sign of weakness and to become more cautious with my trading right now. I feel we will retest the 50 day moving average in the coming months which will provide a great buying opportunity. The only question is at what level will the 50 day be tested. Resistance - 9438. For More Technical Analysis - Go Here
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