Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/17/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 17, 2009
Resistance Levels: 8878, 9000
Support Levels: 8600, 8475, 8331, 8250
http://stockcharts.com/ - Chart
The Dow Jones exploded higher on some comments out of Nouriel Rubini which were taken out of context by several news outlets. Tomorrow will be interesting because we get several Dow component earnings in the morning. I feel we are due for a pullback to atleast the 50 day moving average at 8475 which I would be a buyer of. As long as we hold 8400 on a closing basis, I am bullish. Keep an eye on 8878 on the upside as well...if we do break through and close above that, we will run up and possibly break 9000... For More Technical Analysis - Go Here
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