At 9:30 AM EST, US stocks begin trading and the Dow
Industrials print over 20,000. It took only 64 days (42 trading days) for the
Dow to move from 19K to 20K the second fastest pace on record for the whole
numbers. The fastest move was when the Dirty Thirty ran from 10K to 11K.
Traders are donning Dow 20K hats. The trading floors are alive with a party and
festive atmosphere. Radio, television and internet news outlets are touting the
Dow 20 milestone. Traders are now watching to see if SPX 2.3K prints.
Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Wednesday, January 25, 2017
INDU Dow Industrials 2-Minute Chart; DOW PRINTS 20,000 FIRST TIME IN HISTORY
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