Dow Jones (INDU) Down $74 Over Past 4 Hours, in an Uptrend Over Past 30 Days; Price Base in Formation Over Past 14 Days

Dow Jones 4 Hour Price Update

Updated September 10, 2020 11:13 AM GMT (07:13 AM EST)

Dow Jones came into the current 4 hour candle down 0.27% (74) from the open of the last 4 hour candle, marking the 2nd consecutive candle a decline has happened. Relative to other instruments in the 8 major global equity indices asset class, Dow Jones ranked 4th since the last 4 hour candle in terms of percentage price change.

Dow Jones Daily Price Recap

Dow Jones is up 1.6% (439.58) since the previous day, marking a reversal from the day prior — and the end of a 3 day negative run. Out of the 8 instruments in the 8 major global equity indices asset class, Dow Jones ended up ranking 3rd for the day in terms of price change relative to the previous day. The daily price chart of Dow Jones below illustrates.

INDU

Dow Jones Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days Dow Jones’s price has gone up 19 them.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Dow Jones for the past day were:

  • From BaseballNerd07:

    @maggieNYT @CarolBenedict13 They can point fingers and cry a damn river all day. The point is, Trump KNEW what was about to happen, and because he did not want to panic Wall Street and give his rich thugs time to adjust their stock portfolio, he sacrificed Joe Sixpack on the alter of the Dow Jones.

  • From Mattock_Man:

    @paulkrugman We need a John and Jane Doe Average to go along with the Dow Jones Average. Use metrics like cost of foid, average wages. Amount of minimum wage hours to rent a 2 bdrm apt, unemployment rate, etc. I grt told how the investor class is doing everyday but rarely hear about workers.

  • From Crypticshock:

    @calian23 @TalbertSwan @dagambla03 @realDonaldTrump Trump called for Obama to resign over riots. He called for Obama to resign after taking 1000 loss in a day on the Dow Jones. He called for Obama to resign after the lives lost to H1N1. He called out Obama for playing golf… He should take his own advice.

In terms of news links for Dow Jones here’s one to try:

The Dow Jones v. The Doug Jones • Hightower Lowdown

The Dow-Jones Average of corporate stock prices, I mean – the one economic indicator that our nation’s establishment watches religiously….But most Americans are asking: A boom for whom?