ADM-201 dumps 70-533 answer analysis 70-347 study material 400-051 exam kit

Dow Jones Industrial Average (.DJI) industrial average mostly flat

Dow Jones Industrial Average (.DJI) industrial average mostly flat

In afternoon trading, the Dow Jones industrial average was mostly flat. The Nasdaq composite added 0.3% and the S&P 500 picked up 0.2%. The Russell 2000 small-cap index also rose 0.2%

The Dow Jones Industrial Average DJIA, -0.06% on the other hand, is up a mere 1.3% in 2018. The blue-chip average has struggled throughout the year, pressured in large part because the 30 stocks it holds are heavily weighted toward major multinational companies. The international tilt of its holdings has meant it faces a greater risk from escalating tensions between the U.S. and its major trading partners.

Overall, the bias in prices is: Upwards.

By the way, prices are vulnerable to a correction towards 24,738.83.

The projected upper bound is: 25,544.08.

The projected lower bound is: 24,556.69.

The projected closing price is: 25,050.38.

Candlesticks

A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 8 white candles and 2 black candles for a net of 6 white candles. During the past 50 bars, there have been 28 white candles and 22 black candles for a net of 6 white candles.

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 39.5845. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 57.82. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 115 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 54. This is not a topping or bottoming area. The last signal was a sell 2 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 10 period(s) ago.

Rex Takasugi – TD Profile

DJ INDU AVERAGE closed down -13.830 at 25,044.289. Volume was 34% below average (neutral) and Bollinger Bands were 13% wider than normal.

Open High Low Close Volume___
25,036.90025,081.44924,983.33025,044.289 228,824,272

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 25,011.49 24,783.17 24,505.41
Volatility: 9 13 18
Volume: 248,431,936 309,473,632 371,331,680

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

DJ INDU AVERAGE is currently 2.2% above its 200-period moving average and is in an upward trend. Volatility is low as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of .DJI at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on .DJI and have had this outlook for the last 6 periods.