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.
Pages
▼
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.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.