The following is Technical Analysis for the Dow Jones ( DJIA ) for 4/15/09Dow Jones Support & Resistance Levels - April 15, 2009
Resistance Levels: 8000, 8113, 8300, 8500
Support Levels: 7903, 7700, 7500
http://stockcharts.com/ - Chart
The Dow Jones was down Tuesday but managed to close over the 10 day moving average of 7903. This figure will move higher tomorrow but the Dow is showing slight signs of exhaustion. I still have my eye on the 50 day moving average and will buy pullbacks around 7500 if we get them. A close above 8000 will get me to buy stocks once again. As of now, I remain on the sidelines. For More Technical Analysis - Go Here
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