Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/29/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 29, 2009
Resistance Levels: 9284
Support Levels: 9000, 8878, 8500
http://stockcharts.com/ - Chart
The Dow Jones had a big test at 9000 this morning which passed. 9000 continues to be a solid support level and I am bullish as long as we stay over it. I am also watching the 10 day moving average for signs of a potential correction. Located at 8908, the 10 day is really catching up to this latest move higher. If we close below the 10 day moving average, I will wait to start buying stocks after we test the 50 day average. For More Technical Analysis - Go Here
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