Dow Jones (INDU) Down $107 On 4 Hour Chart, Fares the Worst Out of 8 major Global Equity Indices; 3 Day Up Streak Broken

Dow Jones 4 Hour Price Update

Updated June 18, 2020 03:13 AM GMT (11:13 PM EST)

Dow Jones is down 0.41% (107) since the previous 4 hours, marking the 4th candle in a row it has gone down. Out of the 8 instruments in the 8 major global equity indices asset class, Dow Jones ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Dow Jones Daily Price Recap

Dow Jones’s 3 day positive streak has officially concluded, as the candle from the day prior closed down 0.65% (170.37). Those trading within the 8 major global equity indices asset class should know that Dow Jones was the worst performer in the class today. Let’s take a look at the 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. Or to view things another way, note that out of the past 10 days Dow Jones’s price has gone up 6 them.

Overheard on Twitter

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

  • From feel_doc:

    And the mask thing… like if everyone wore a fucking mask we actually could see the curve fall back down, maybe not as fast as with all measures, but it would happen. AND THEY WON’T EVEN DO THAT BECAUSE FUCK ANY INCONVENIENCE IN AMERICA, THE RICH NEED US TO DIE FOR THE DOW JONES

  • From AnyBodyCanFly:

    Looking at Nasdaq & Dow Jones, it seems second wave of coronavirus lasted for just a day or two.People were already hopeful of Nifty target of 4500 & even 3000.Point is, there will be noise, rumors & speculations every now & then.You need to know what to ignore & what not.

  • From willowmesplay:

    – camping trip to the Capitol Hill Occupied Protest to advocate for funds to be moved to community programs
    – make sellable art and donate all proceeds to a cause
    DISCLAIMER: these won’t with ifyour partner is a racist so if they are, drop them like the Dow Jones on a Friday 💛

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

ASX falters despite coronavirus drug trial and US retail rebound, Dow Jones jumps 527 points – ABC News

Since then, the market has been building on yesterday’s gains (+3.9 per cent), its strongest trading day in 10 weeks….Some of the best performing stocks were Clinuvel Pharmaceutircals (+8.9 per cent), A2 Milk (+7.3 per cent) and WiseTech Global (+5.2 per cent)….It was a mixed day for the banks as Commonwealth Bank gained 0.4 per cent but Westpac (-0.5 per cent), ANZ (-0.9 per cent) and NAB (-0.3 per cent) trading lower.