Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 11/2/09 Dow Jones Industrial Average (DJI) Support & Resistance Levels - November 2, 2009
Resistance Levels: 9932, 9962, 10,000, 10,120
Support Levels: 9600, 9430, 9250
http://stockcharts.com/ - Chart
The Dow Jones closed slightly below the 50 day moving average on Friday. This is something I will be paying close attention to because if we see a further sell off on Monday, things could really get rocky. The 10 day moving average (9932) is now major resistance as well as 10,000. If the Dow closes back over 10,000, we will see a major short squeeze. For More Technical Analysis - Go Here
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