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Friday, June 5, 2009

Dow Jones Analysis 6/8/09 Stock Market Analysis

The following is Technical Analysis for the Dow Jones ( DJIA ) for 6/8/09

Dow Jones Industrial Average Support & Resistance Levels - June 8, 2009

Resistance Levels: 8840, 9000

Support Levels: 8598, 8500, 8250




The Dow Jones has another nice day on Friday breaking out to another higher high on this latest rally. The Dow Jones also closed over the 200 day moving average for the 2nd straight day. I am moving my stop up to Wednesday's low of around 8598 as a support level. I still expect the Dow Jones to retest 9000 but would be selling on a close below 8600. For More Technical Analysis - Go Here


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