How will the Stock Market open on January 12, 2009? The Dow Jones and Stock Market Futures are flat as we get set to kick off earnings season with Alcoa ( AA ) which is expected to report their first loss in six years 1/12/09. Check out the earnings calendar. Also, check out the biggest gainers.
Stock Market Futures January 12, 2009
Dow Jones Futures - Down 35
Nasdaq Futures - Down 1
S&P 500 Futures - Down 2.20
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Sunday, January 11, 2009
Dow Jones Analysis 1/12/09 - Stock Market
The following is Technical Analysis for the Dow Jones ( DJIA ) for 1/12/09
Dow Jones Support & Resistance Levels - January 12, 2009
Resistance Levels: 8750, 9000, 9088, 9150
Support Levels: , 8500, 8345
http://stockcharts.com - Chart
The Dow Jones has closed below two key moving averages on Friday ( 10 & 50 day ).This is something worth watching as this is a technically bearish signal but as long as the Dow Jones holds 8500 everything will be ok.
On the upside, a close back over these two moving averages will probably take us back for a retest of 9000. We are getting closer to a breakout point as we can't stay in this 8500-9000 range forever. We will either start a new leg down or break out big to the upside. For More Technical Analysis, Go Here
On the upside, a close back over these two moving averages will probably take us back for a retest of 9000. We are getting closer to a breakout point as we can't stay in this 8500-9000 range forever. We will either start a new leg down or break out big to the upside. For More Technical Analysis, Go Here
For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE
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