The Dow Spends a Week at Assist: Will Bulls Comply with-By way of?

Dow Jones Talking Points: – The Dow Jones Industrial Average has spent this week holding support around prior resistance, taken from the approximate 25,888. There hasn’t been much topside follow-through, however, as resistance has continued to build around prior short-term support just above the 26k level. While the bullish trend remains, the inability of buyers […]

Equities Forecast: DAX Eyes July Lows, Dow Jones Trend Remains Up

Equity Analysis and News Dow Jones Industrial Average: Trend Remains Moderately Bullish DAX: Bearish Sequence Brings July Lows in Focus Dow Jones Industrial Average: Trend Remains Moderately Bullish Another week of gains for the Dow Jones with the index now hovering around the 26,000 level. Eyes are on for a weekly close above 26,000, which […]

S&P 500 Reverses from Record Excessive, Turning to Dow Chart for Cues

S&P 500/Dow Highlights: S&P 500 reversed from record territory At risk of a near-term pullback Watching Dow chart pattern for further cues For longer-term trading ideas, Q3 forecasts, and a library of educational content, check out the DailyFX Trading Guides S&P 500 reversed from record territory On an intra-day basis yesterday, the S&P 500 poked […]

Dow Jones Breakout Pushes Up to Fresh Six-Month Highs

Dow Jones Talking Points: – US stocks continue to rally after last week’s bounce from support. In the Dow Jones, buyers came back after a support test around the 25,000 psychological level and prices are now trading at fresh six-month highs. This keeps the door open for bullish continuation, although prices have stretched rather far […]
S&P 500 and Dow Technical Outlook Remains Bullish Until Proven Otherwise

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