• After The Bounce, What's Next For The Dow Jones Industrial Average?

    1 month ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis recaps Tuesday's big rally and updates the underlying technicals to watch for the major U.S. averages.
    Economic numbers came in where expected, however, we had a jump in the JOLTS number to over 7 million. This sent signs that the economy is still growing and strong. You would expect this to push rates higher, but the 10YR actually came down to 3.16.
    Equities opened higher after the recent pullback and gained strength throughout the session. Techs were strong pushing the NDX to the best gains of the day. Small-caps, which...
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