Tuesday, February 4, 2014
INDU Dow Jones Industrials Fight for the 200-Day MA
The Dow Jones Indstrials fight along the 200-day MA at 15474. The failure occurs yesterday and today the bulls ran higher to regain this sacred ground, but instead were slapped back, and crumbled lower into the closing bell to close 30 points below this important moving average. Bulls got nothing unless the Dow regains 15474. Bulls win going forward if the Dow moves above 15474. Bears win moving forward if the Dow stays under 15474. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.