Dow Jones is Up for the 2nd Day in a Row

News Releases Impacting Dow Jones

  • Forecasted Retail Sales MoM in United States: 0%. The previous number: 0.3%. (100% difference between the two.)

The Daily View for Dow Jones

  • Currently, INDU’s price is up 29.53 (0.08%) from the day prior.
  • This is the 2nd day in a row Dow Jones has seen its price head up.
  • Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
  • Price action traders may also wish to note that we see a doji candlestick pattern on Dow Jones. Given that we see an uptrend on the 20 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
  • Divergence between INDU’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in INDU’s price.

Below is a daily price chart of Dow Jones.

INDU

Latest News Discussing INDU

  • This Day In Market History: Dow 100 In 1896 – Wayne Duggan
    January 12, 2022

    Each day, Benzinga will take a look back at a notable market-related moment that happened on this date.
    What Happened? On Jan. 12, 1896, the Dow Jones Industrial Average broke 100 for the first time.
    What Else Was Going On In The World? In 1906, a…

  • Markets Flat Ahead of Jobless Claims, PPI & Q4 Earnings – Mark Vickery
    January 12, 2022

    After a strong but cooling CPI report ahead of the opening bell, we’ve been fairly light on direction throughout the trading day.

  • CPI +0.5%: Growing but a Welcome Cool-Off – Mark Vickery
    January 12, 2022

    +0.5% last month is solid: pricing continues northward, but not spiraling out of control.