The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/17/09Dow Jones Industrial Average Support & Resistance Levels - June 17, 2009
Resistance Levels: 8600, 8878, 9000
Support Levels: 8500, 8332, 8250
http://stockcharts.com/ - Chart
The Dow Jones took another nose dive into the close for the second straight day on Tuesday. The good news is support at 8500 held on a closing basis but the bad news is the rally is showing some cracks. Watch how the stock market reacts after the Obama speech on regulation tomorrow. After 8500, look for a retest of 8332 which is the 50 day moving average...this level HAS to hold!!!! For More Technical Analysis - Go Here
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