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Monday, July 27, 2009

Dow Jones Analysis 7/28/09 Stock Market Analysis

Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/28/09

Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 28, 2009

Resistance Levels: 9284

Support Levels: 9000, 8878, 8500



The Dow Jones continues to trend higher after successfully retesting and holding 9000 again today. I am bullish as long as the Dow holds 9000 on a closing basis. I am also watching the 10 day moving average for signs that the rally is ending. When I see a close below the 10 day moving average I will turn neutral and will not be holding any long positions. Watching 9000 and 10 day moving average right now. For More Technical Analysis - Go Here


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