Dow Jones Industrial Index update 11-04-2020

On pure trend investing analysis, we want to see the Dow Jones 30 Index $DJI close over $28,194, by the end of the week, as displayed on the stock chart below. This is a significant area of price resistance. There are multiple price reversals in this area. The Dow is trading below the trend filter, as shown in the second stock chart below, bottom panel.

Comments welcome.

Dow Jones Industrial Index $DJI
Dow Jones Industrial Index $DJI

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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