Dow Jones (INDU) Up $53 Over Past 4 Hours, 3 Day Down Streak Snapped; Price Base in Formation Over Past 90 Days

Dow Jones 4 Hour Price Update

Updated June 23, 2020 03:13 PM GMT (11:13 AM EST)

Dow Jones came into the current 4 hour candle up 0.2% (53) from the open of the last 4 hour candle, marking the 2nd candle in a row an increase has occurred. Relative to other instruments in the 8 major global equity indices asset class, Dow Jones ranked 5th since the last 4 hour candle in terms of percentage price change.

Dow Jones Daily Price Recap

Dow Jones’s 3 day negative streak has officially concluded, as the candle from the day prior closed up 0.59% (153.5). Relative to other instruments in the 8 major global equity indices asset class, Dow Jones ranked 3rd since the day prior in terms of percentage price change. Here is a daily price chart of Dow Jones.

Dow Jones Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone up 16 out of the past 30 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Dow Jones:

  • From healslu1:

    Uh-huh, uh-huh (Yeah, Rihanna) Uh-huh, uh-huh (Good Girl Gone Bad) Uh-huh, uh-huh (Take three, action) Uh-huh, uh-huh (Hov) No clouds in my stones Let it rain, I hydroplane in the bank Coming down like the Dow Jones When the clouds come, we gone, we Roc-A-Fella We fly higher than

  • From Kevin_B_Ware:

    @T_Daviid @volunteeralot @StormyDaniels Well, the measure Trump lovers like is the “Stock Market”. January 20, 2009– Dow Jones 7949.49 (#Republican failure). January 19, 2017 Dow Jones 19,804.72. I don’t know how Math was taught where you’re from, but that’s a LOT OF CHANGE!

  • From IncredibleTrade:

    $SPCE news from Dow Jones and Company, Inc.: *Virgin Galactic Signs Space Act Agreement With NASA for Private Orbital Spaceflight to the Intl Space Station. Deal Increases Comml Participation in Human Spaceflight to ISS to Advance LEO EconomyGap up and squeeze

For a longer news piece related to INDU that’s been generating discussion, check out:

Dow Jones Futures: S&P 500 Bearish Bets Explodes; Coronavirus Stock Market Rally Fights Covid-19 Wave

The Dow Jones futures are trading higher as traders continue to downplay concerns of a new spike in coronavirus cases….SMITH/AFP via Getty Images) The Dow Jones futures are trading higher by 210 points as the DJIA index steadily continues to record more gains….On the daily chart, the Dow Jones index has moved below its 200-day moving average….If it can’t keep above the 50-day moving average, the coronavirus stock market rally could be in serious trouble.    The DJIA index has also moved below its 50 and 100-week smooth moving averages on the weekly chart….[+] This could be due to the rise in coronavirus cases The S&P500 index closed down by 0.56%, and the Dow Jones industrial average sank by 0.80% yesterday.