I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 16,302.77 on Friday, March 21, 2014. The DJIA is still slightly below its 2013 closing level, but up from its dip that ended in early February. As…
Tag: $DJI
DJIA Chart – 2013 Review and 2014 Prediction
I charted the daily prices for the past year on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the month at 16,469.99 on Friday, January 3, 2014. The index fell as low as its 10-day simple moving average (sma), but hasn’t fallen below it yet. When it does, which…
Dow Jones Chart – November 29, 2013
I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the month at 16,086.41 on Friday, November 29, 2013. The trend line that was resistance in July, August and September could be the next area of support. As mentioned here…
DJIA Chart – September 27,2013
I charted the daily prices for the past seven months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 15,258.24 on Friday, September 27, 2013. The next trend line to watch is very subjective. It cuts through the middle of the wider trading channel, but has…
Dow Jones Chart – September 13, 2013
I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 15,376.06 on Friday, September 13, 2013. The first bullish indicator was seen from the trend line of higher lows over the past six months. The Dow dropped quickly…
Dow Jones Chart – August 9, 2013
I charted the daily prices for the past three months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 15,425.51 on Friday, August 9, 2013. By the beginning of this week, the 14-day Williams %R indicator moved below the overbought range for the second time in two…
Dow Jones Chart – Calm Before the Storm
I charted the daily prices for the year-to-date on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 15,558.83 on Friday, July 26, 2013. The 20-dma moved above the 50-dma a few days ago and that’s a bullish signal, but it may be late in the cycle as…
Dow Jones Chart – Now What
I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 14,799.40 on Friday, June 21, 2013. A month ago, I pointed out that the Dow was looking fragile and we’d likely see a better buying opportunity within three…
Dow Jones Chart – Has the Correction Started?
I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 15,115.57 on Friday, May 31, 2013. Traders have been begging for a simple 5% correction for months, but the Dow Jones Industrial Average has continued to push higher…