The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/4/09Dow Jones Industrial Average Support & Resistance Levels - June 4, 2009
Resistance Levels: 8733, 9000
Support Levels: 8500, 8250, 8000
http://stockcharts.com/ - Chart
The Dow Jones hit the 200 day moving average again today but failed to close over it for the second straight day. This is a major resistance level so this type of action is very common. A close over this level will most likely set up a run toward 9000. I will be buying pullbacks to 8500 for a bounce trade but would be a seller on a close below this level. The next support level would be 8250. For More Technical Analysis - Go Here
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