$DJI tightening up here pic.twitter.com/9LltCOgywX — David Rath (@DJwrath) February 10, 2023 Today’s Chart of the Day was shared by David Rath (@DJwrath). The Dow closed flat for the second week in a row. David points out that the price has been tightening into a narrow since the end of November, with rising support and […]
Chart of the Day – Monday, December 19th, 2022
A common theme in '22: Failed breakouts. Especially the biggest and best-looking ones.$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 – Tuesday, November 22nd, 2022
Big difference b/w Dow $DJI & Nasdaq $NDX Dow has already rallied ~18% off its October low and retraced 62% of its max YTD drawdown Nasdaq is only about 11% above its October low, representing less than a 20% retracement pic.twitter.com/0ixHLBefPe — Steven Strazza (@sstrazza) November 22, 2022 Today’s Chart of the Day was shared […]
Chart of the Day – Wednesday, November 2nd, 2022
The 200 day moving average doing what it does best. Putting a lid on the price of the DJIA.$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 […]
Chart of the Day – Friday, October 28th, 2022
$DIA DJIA ETF: back above its 200dma pic.twitter.com/jPtTQ19nJz — Mike Zaccardi, CFA, CMT (@MikeZaccardi) October 28, 2022 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). The Dow closed higher for the sixth consecutive day today and the fourth consecutive week. It gained +5.72% this week, marking its 6th best week in the past decade. […]
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