Dow Jones (INDU) Up $200 in Last 4 Hours, Fares the Worst Out of 8 major Global Equity Indices; Started Today Down 2.84%

Dow Jones 4 Hour Price Update

Updated June 29, 2020 11:13 PM GMT (07:13 PM EST)

Dow Jones is up 0.79% (200) since the last 4 hour candle, marking the 5th candle in a row an increase has occurred. Dow Jones outperformed all 8 assets in the 8 major global equity indices asset class since the last 4 hour candle. Congrats to its holders!

Dow Jones Daily Price Recap

The choppiness in the recent daily price action of Dow Jones continues; to start today, it came in at a price of 25015.55 US dollars, down 2.84% (730.05) since the day prior. Those trading within the 8 major global equity indices asset class should know that Dow Jones was the worst performer in the class today. Below 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 down 8 out of the past 14 days. Price action traders may wish to observe the bearish engulfing pattern that has emerged over the past two trading days; in light of the uptrend on the 30 day charts this may be particularly noteworthy, as it may signal the uptrend is cooling and ready to reverse.

Overheard on Twitter

Behold! Here are the top tweets related to Dow Jones:

  • From CommSec:

    US sharemarkets fell sharply on Friday. The Dow Jones index lost 730 points or 2.8%. The S&P500 index fell 2.4%. The Nasdaq index was down 259 points or 2.6%. For the week, the Dow Jones lost 3.3%, the S&P 500 fell by 2.9% and the Nasdaq was down 1.9%. #ausbiz #ausecon #commsec

  • From iamrudramurthy:

    Also one should understand studying sgx nifty, Dow Jones, fii data etc is all much elementary then even MA, RSI & rest since they will all be already discounted in price.If dowjones is down 800 points we see sgx already down 150 points & our mkt will open gap down 150 pts.7/n

  • From Space_Robot1:

    Well I couldn’t have been more wrong about the Dow Jones last week 😂 However, with Independence Day on Saturday, new Q beginning (which is historically mega bullish as we lead into election) and following a big down week, surely the U.S. bulls will be out in force?! BTFD! 😎

As for a news story related to Dow Jones getting some buzz:

Dow Jones Industrial Average Index: 5 facts to know about Dow 30 as it completes 124 years – The Financial Express

If you as an investor are looking to maximise the benefit from the potential of US economy, Dow Jones Industrial Average (DJI) or the Dow 30 is the go-to index….Dow 30 index is a part of S&P Dow Jones Indices and has a diversified exposure to various sectors of the economy except transportation and utilities….The Dow Jones Transportation Average index and the Dow Jones Utility Average index cover them and all three of them make up the Dow Jones Composite Average index.