KirkLindstrom.com - Articles - 2013 - Watch the Red Lines:  Dow & S&P500 Resistance and Support Levels
Kirk
                Windsurfing at Palo Alto in SF Bay in May 2009  Dow & S&P500 Resistance and Support Levels
 
Resistance and Support levels for the DOW - Linear Scale
Kirk
                Windsurfing at Coyote Point November 2009
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Quotes and Charts for Gold & GLD (the ETF for Gold)
 


October 5, 2013:   The exchange traded funds (ETF) for the Dow and S&P500 are DIA and SPY, respectively. 

My chart below shows the
Dow and S&P500 as indexes and the ETFs with dividends reinvested. 
 
Chart 1
 Chart of DOW to Gold Ratio 
Notes:
  • DIA, with dividends reinvested, is testing support from above
  • The S&P500, $SPX in the graph, is above resistance turned support.  That line would be the first level of strong support if there is any further market weakness
  • The NASDAQ is testing a 19-year support-turned-resistance line that has not been support for 11 years.
Intraday Charts

DOW JONES INDU ^DJI - More charts
S&P 500 - More charts

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note 1.  Source:  charts from stockcharts.com

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