Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 7/9/09Dow Jones Industrial Average ($DJI) Support & Resistance Levels - July 9, 2009
Resistance Levels: 8200, 8250, 8375, 8600
Support Levels: 8087, 8000
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The Dow Jones snapped back today after hitting a low of 8087. Resistance remains between 8200-8250 with the major resistance being located around 8400 which is in between the three major moving averages. If we do rally up to the 8400 area, I would be a seller. As you get closer to 8000 like today, I would be a buyer. Next week we will get earnings out of major companies such as GE, Citi, BAC, Intel, and IBM so buckle your seat belts. For More Technical Analysis - Go Here
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