Dow Jones Chart:
Dow Jones chart on weekly time frame shows the formation of a triangle. In the most recent fall, the index had a support near 50-weekly moving average. And now the hurdle for the index is falling trend line.
Check out which stocks are contributing more on dow 30 movement Dow 30 Heatmap.
“Where Now Dow?” Follow the ball (the direction of the next break out of the triangle on this weekly chart)!
Disclaimer: The Chart is Strictly for study purpose only.