Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 8/14/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - August 14, 2009
Resistance Levels: 9438, 9500
Support Levels: 9302, 9200, 9000
http://stockcharts.com/ - Chart
The Dow Jones keeps trucking along after snapping back over the 10 day moving average Wednesday. A morning sell off on Thursday back to the 10 day moving average was bought heavily and we ended up closing positive. I am now watching 9438 as a sign of a new break out. If the Dow Jones closes over 9438, I want to add to my long positions while buying any pullback to the 10 day moving average. I am now putting a stop order at 9200 which was near the low on Tuesday and Wednesday. For More Technical Analysis - Go Here
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