I charted daily prices for the past two months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after it closed on Friday, September 9, 2011 at 10,992.13. There’s really no need in looking at a chart that goes back any further for now. All of the price action and trends that matter are caught…
Month: September 2011
S&P 500 Chart – Will Support Hold?
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,173.97 on Friday, September 2, 2011. The large cap index had a great run off of its August lows, but faced resistance at the 50% retracement line from the July high to the August low….
End Of Month Summary – August 2011
The Dow Jones and S&P 500 lost close to 4.5% and 5.5% respectfully in July. My losses were more than that, but it appears some of it is tied up in time value as volatility spiked which leaves me good room to recover, even if the markets stay flat. The shift pushed me below the…