Posts Tagged by dow jones average

S&P Confirms Swing Down

The other day I talked about how the S&P 500 had not broken below its lows.  Today it did, confirming the down swing we have already seen from the Dow Jones Index.  Targets for the downswing are 6000 of the Dow and 600 for the S&P.  If even further confirmation is need the German DAX…

Stock Market Analysis – Tight Range

The Dow Jones average has slipped into a short term range, but the breakout could be significant – especially to the downside. Currently the Down Jones average is ranging between 7900 and 8300.   While volume was edging higher to form a possible bottom in the market, volume has normalized and has fallen off the recent…