DJIA Technical Update 09-30-2022
TECHNICAL ANALYSIS The DJIA saw a minor reprieve form the selloff in the critical timing window outlined in the last update and plunged again late in the week
September 30, 2022
Technical Analysis
Commodities
09-16-2022 Crude Oil Futures
Crude oil futures (Z22) closed fractionally higher on Friday and settled week down just under $2 for the nearby futures. The near-term technicals are neutral while the intermediate-term
September 17, 2022
09-16-2022 DJIA Technicals
TECHNICAL ANALYSIS The DJIA ended an outside week down with a -4.13% loss. Friday’s trade took the index into the previously outlined ‘last-gasp’ support area at 30810/30680. The
September 17, 2022
Commodities
09-09-2022 Crude Oil Futures
TECHNICAL ANALYSIS Crude oil futures (DEC22) spiked higher today on the heels of Thursday’s bullish reversal and the daily now looks like a potential bear trap as Wednesday/Thursday’s
September 9, 2022
Commodities
09-08-2022 Soybeans
TECHNICAL ANALYSIS New crop November soybeans are trading to the lowest level in a month on the daily chart as that chart continues to build a large flagging
September 8, 2022
09-07-2022 US Dollar Long Term View
The US Dollar is now trading at a twenty year high as the monthly reaches some overbought conditions. The market has reached the highest levels since June of
September 7, 2022
09/07/2022 DJIA Technical Update
The DJIA is rallying today with prices taking out Tuesday’s intraday highs. The market is responding to oversold conditions on both the hourly and the daily charts along
September 7, 2022
09-02-2022 DJIA Technicals
The DJIA staged a large outside day reversal down to close near the lows of the day and a new low close for the current decline. The daily
September 2, 2022
09/01/2022 What Now Dow?
TECHNICAL ANALYSIS The DJI is attempting a reversal to start the month with prices hanging near the intraday highs at 1PM EST after gapping down this morning. Dow
September 1, 2022
