• Dow Jones Industrial Average Fails To Recapture 200-Day Moving Average

    4 monthes ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis recaps Tuesday's muted market action and updates the important technical levels to focus on for the major U.S. Averages.
    After a big down day on Monday, equities attempted to bounce off their lows. The major indices opened slightly higher on Tuesday, with analysts still concerned with Trade. The S&P 500 and Dow Jones Industrial Average struggled during the session to stay in positive territory and traded in a very narrow range throughout the session. The DJIA closed below its 200D-SMA on Monday and was having difficulty...
    Read more ...