
01-22-2023 Technical Update DJIA & S&P
TECHNICAL ANALYSIS The DJIA traded lower all week and ended down 2.7% in the lower half of the weekly range. Last week was a mix of layoff announcements

TECHNICAL ANALYSIS The DJIA traded lower all week and ended down 2.7% in the lower half of the weekly range. Last week was a mix of layoff announcements

TECHNICAL ANALYSIS The DJIA spent most of last week on the upside and settled with a 1.99% increase on the week as prices inch back toward the late

TECHNICAL ANALYSIS The DJIA saw a whipsaw trade last week, ending with a surge on Friday that carried the market to a four-week high and an upside breakout

TECHNICAL ANALYSIS The DJIA traded a tight, inside week on quiet holiday volume and closed fractionally lower on the week. Short-term, prices are building a flagging triangle pattern

TECHNICAL ANALYSIS Spot soybeans have been in an up channel since setting lows in critical timing in early October. The daily spot chart has been flashing a preliminary

TECHNICAL ANALYSIS The DJIA traded a massive outside week down with prices setting a new trading high Tuesday and then swooning 2057.7 points to close in the bottom

TECHNICAL ANALYSIS US Dollar Index Weekly H-L-C In our update in early October we speculated: The big question is, could we be looking at an intermediate and perhaps

TECHNICAL ANALYSIS The DJIA spent the entire week in negative territory, closing down 2.77% or 953.4 points. The hourly chart is showing a rounded top formation as prices

TECHNICAL ANALYSIS The major market indices have been in a schism since the summer lows. For decades now, the consensus axiom is to ‘never fade the blue chips.’

TECHNICAL ANALYSIS VIX Volatility Index Daily Candles The DJIA closed up 200 points on Friday to end the week a couple of points lower, just off the current