The Dow touching new lows is not a great look pic.twitter.com/uihMIZLEMS — Austin Harrison, CFA, CMT (@meanstoatrend) March 1, 2023 Today’s Chart of the Day was shared on Twitter by Austin Harrison (@meanstoatrend). The Dow initially led the rebound off the October lows. However, it stalled out in November, and it’s been relatively weak ever since. […]
Chart of the Day – Friday, February 10th, 2023
$DJI tightening up here pic.twitter.com/9LltCOgywX — David Rath (@DJwrath) February 10, 2023 Today’s Chart of the Day was shared by David Rath (@DJwrath). The Dow closed flat for the second week in a row. David points out that the price has been tightening into a narrow since the end of November, with rising support and […]
Chart of the Day – Monday, December 19th, 2022
A common theme in '22: Failed breakouts. Especially the biggest and best-looking ones.$DJIA $INDU pic.twitter.com/dzdcBoK6N0 — Frank Cappelleri (@FrankCappelleri) December 19, 2022 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). It’s a weekly chart of the Dow Jones Industrial Average over the past three years. Frank points out that the Dow recently […]
Chart of the Day – Monday, November 28th, 2022
$DIA broke above its August high, while $DJT did not confirm the move pic.twitter.com/2HfIz4RGGo — Stacey.A.Lee (@BBaxter2020) November 28, 2022 Today’s Chart of the Day was shared by Stacey A. Lee (@BBaxter2020). The Dow Jones Industrial Average (top) has been the only major index to break above its August highs. However, that breakout is failing, considering […]
Chart of the Day – Wednesday, November 2nd, 2022
The 200 day moving average doing what it does best. Putting a lid on the price of the DJIA.$DIA pic.twitter.com/TumvH2Uuns — Greg Rieben (@gregrieben) November 2, 2022 Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). The Dow continues to be in the spotlight after having its best October ever. It reclaimed its […]
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