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 15,354.40 on Friday, May 17, 2013. Some of the reliable indicators are less predictive once a stock or index stretches past old highs. Previous resistance has been broken…
Tag: $DJI
DJIA Chart – Almost Time to Sell in May?
I charted the weekly prices for the year-to-date on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 14,712.55 on Friday, April 26, 2013. Chart technicians have to be careful not to draw trend lines that fit the story they want. Being objective isn’t always as easy as…
Dow Jones Chart – April 12, 2013
I charted the weekly prices for the past three years on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 14,865.06 on Friday, April 12, 2013. The technicals haven’t changed for the most part, but have a new twist to them now. The daily chart looks similar to…
DJIA Chart – Trading Zones
I charted the daily prices for the past three months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed for the week at 14,578.54 on Thursday, March 28, 2013. The green area shows the current trading channel locked between a trend line of higher highs and another trend line of…
Dow Jones Chart – Overbought, Again?
I charted the daily prices for the past six months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 14,514.11 on Friday, March 15, 2013. The second indicator that is the distance the Dow Jones has moved from its 200-day moving average (dma). The Dow is getting overextended at…
DJIA – Year to Date Chart
I charted the daily prices for the year to date on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 13,981.76 on Friday, February 15, 2013. The moving averages offer some help here too. The 10-day moving average (dma) is still above the 20 dma. Traders will know to cut…
Dow Jones – 10 Year Chart
I charted the monthly prices for the past 10 years on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 13,895.98 on Friday, January 25, 2013. The media has been talking about the Dow’s proximity to its all time high with every tick higher. I thought this deserved a chart…
Dow Jones Industrial Average Chart – December 28, 2012
I charted the daily prices for the past three months on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 12,938.11 on Friday, December 28, 2012. The trick is waiting for that swing to happen. Every day the fiscal cliff goes unresolved (tomorrow night is the deadline), the deeper the…
Dow Jones Chart – December 14, 2012
I charted the daily prices for the past month on the Dow Jones Industrial Average ($DJIA, $INDU, $DJI, the Dow) after the index closed at 13,135.01 on Friday, December 14, 2012. This week I zoomed in on only the most recent month. I wanted to highlight the moving averages more than anything right now. The 10…