Wed, Jul 30, 2014, 11:47 PM EDT - U.S. Markets closed


% | $
Click the to save as a favorite.

SPDR Dow Jones Industrial Average Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • numberelevenslave numberelevenslave Feb 17, 2007 1:08 PM Flag

    Marc Faber

    what is causing the market to go up like this? I heard that the Dow Jones Industrial rocketed up 100 points the other day. Do you know why? And, more importantly, do you know if it will happen again?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Your guess is good as mine.

      I studied the chart using candlestick and the 50, 100 and 200 days moving average. By looking at the 50 days moving average, everytime DIA goes above it (as it is now), it corrects itself back below the 50 days moving average. I sense at least a minor correction this coming week.

      DIA is getting way ahead of it self on the 200 days moving average. I sense a correction of 5 to 10 percent coming soon.

168.48-0.30(-0.18%)Jul 30 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.