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Monday, August 24, 2009

Dow Jones Analysis 8/25/09 Stock Market Analysis

Dow Jones Chart - The following is Technical Analysis for the Dow Jones ( DJIA ) for 8/25/09

Dow Jones Industrial Average ($DJI) Support & Resistance Levels - August 25, 2009

Resistance Levels: 9600, 9654, 10,000

Support Levels: 9500, 9330, 9200, 9000



The Dow Jones continues to rip higher after closing over 9438 last week. The next major resistance level I am watching is 9600 followed by 9654 which was the Election high. Pullbacks to and under the 10 day moving average continue to be a strong buy. A close over 9654 would be huge and we could then see a retest of Dow 10,000. For More Technical Analysis - Go Here

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