The following is Technical Analysis for the Dow Jones ( DJIA ) for 5/7/09Dow Jones Support & Resistance Levels - May 7, 2009
Resistance Levels: 8500, 8700
Support Levels: 8300, 8190, 8000
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The Dow Jones closed over 8500 which is very bullish. We are now back to early January levels when we had no idea when things would start to get better. Now we are seeing positive signs but are still not out of the woods. There is a possibility that the Dow Jones moves up to test the 200 day moving average in the next month. 8000 is now huge support level. For More Technical Analysis - Go Here
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