Dow Jones 4 Hour Price Update
Updated September 09, 2020 11:13 AM GMT (07:13 AM EST)
Dow Jones came into the current 4 hour candle up 0.58% (160) from the open of the last 4 hour candle, marking the 3rd candle in a row it has gone up. 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 last 4 hour candle.
Dow Jones Daily Price Recap
Dow Jones closed the day prior down 2.25% (632.42); this denotes the 3rd consecutive day a decline has happened. Out of the 8 instruments in the 8 major global equity indices asset class, Dow Jones ended up ranking 7th for the day in terms of price change relative to the day prior. Here is a daily price chart of Dow Jones.
Dow Jones Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 18 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about 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.
- From LI_politico:
People on wages – even if they are inflated – are actually doing something for their wages. People just make $100k out of thin air cause their grandma died, or their house was working, or Mercury is in retrograde at the Dow Jones should be the ones being taxed.
For a longer news piece related to INDU that’s been generating discussion, check out:
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?