The following is Technical Analysis for the Dow Jones ( DJIA ) for 3/25/09Dow Jones Support & Resistance Levels - March 25, 2009
Resistance Levels: 8000, 8250
Support Levels: 7630, 7500, 7449, 7300
The Dow Jones pulled back today but still managed to close over the 50 day moving average. This is a support level worth watching. The next support level that would have to hold would be the 7500 level. If this rally continues, I could see the Dow briefly going into the low 8000's before hitting resistance. The downtrend line will be very tough to break.
For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
