Don't Ignore This Chart!

Support for the Dow? ($INDU)

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Ditc20090219
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Today the Dow Jones Industrials closed below its 6 year low just under 7500.  What's the next important support level?  What's the one below that?  (and, gulp, the one below that?)  Here you go.  Let's hope those green lines on the right side of this chart stay green.
Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. Since 1999, Chip has guided the growth and development of StockCharts.com into a trusted financial enterprise and highly-valued resource in the industry. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site. Learn More
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