The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/23/09Dow Jones Industrial Average Support & Resistance Levels - June 23, 2009
Resistance Levels: 8378, 8500, 8700
Support Levels: 8250, 8000
http://stockcharts.com/ - Chart
The Dow Jones closed below the 50 day moving average for only the second time since the March 2009 lows. The Dow Jones is now below all major moving averages that I follow. I am still neutral but will be cautious when trading. I will turn bearish if the Dow Jones trades below the key support level of 8250. I will now be selling and or shorting rallies back to the 8600 area. For More Technical Analysis - Go Here
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index - Stock Forum
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
