DOW JONES
INDUSTRIAL AVERAGE (DJIA)
DJIA is moving up from 100 DMA and 50% FR as shown in above chart, technical indicates as long as DJIA holds above bulls will be favored and further price rise can be seen in coming days. Stock major trend indicator is now moving in +ve zone as shown in above chart this indicates as long as it holds +ve further price rise can be seen in coming days. Click to read more trading forecast on stock listed on Nasdaq Stock Exchange.
Us stock market closed a bit higher as market received some mixed news about company`s earnings. Energy stock also inched upwards as oil recovered from some of its losses from its earlier losses.
Dow Index rose about 0.30%, Nasdaq inched and closed 0.50% and s&p 500 Index climbed 0.50%.
So far for this week Dow Index is up by 1.1%, s&p 500 up by 1.2% and nasdaq composite 1.8%.
Visit our blog for more news related to Trading ideas on Nasdaq stock charts.