The following is Technical Analysis for the Dow Jones ( DJIA ) for 3/18/09Dow Jones Support & Resistance Levels - March 18, 2009
Resistance Levels: 7449,7500, 7795, 8000
Support Levels: 7172, 7000, 6895, 6500
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The Dow Jones snapped back after a weak ending yesterday. We broke and closed above yesterdays high of 7392 which is very bullish. The next resistance levels are the previous 7449 low and also 7500. You then have some resistance in the 7600's but then its clear sailing to the 50 day moving average and 8000. Today's low of 7172 will now be a big support level. For More Technical Analysis - Go Here
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