Just a Dow chart update with a couple of lines. 7500 as possible resistance and 8100 as a nine squared number. No magic; just numbers.
Also, Dow above the 18 day moving average, good if it can hold above. But below 54 day moving average, bad if it can not get above this. See what happens.
I will not get positive about the Dow until it actually moves above the longer term 81 day moving average. Patience, patience, patience, since this is not likely to happen for awhile.
This is not a recommendation to buy or sell the stock depicted. Due diligence is your responsibility. If you need professional investment advice then find a professional.
Thank you for your time.
Chart courtesy of StockCharts.com
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