What the Dow does at support, looks to be very important to bulls and bears,” Kimble wrote.Ī test of 33,000 would mark a fall of 2.4% from its close Friday at 33,811.40. Dow DOW, +0.85, American Express AXP, +0.19, and. The S&P 500 rose 0.4, the Dow 0.1 and the Nasdaq is up 0.4. “If Dow closes out the month below the 33,000, odds increase that the Dow will experience more selling. 1 day ago &0183 &32 Travelerss shares are up 1.94 (1.2) while those of 3M have risen 1.24, or 1.2, combining for an approximately 21-point bump for the Dow. This content is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814 (CommSec) a. All Big Three automakers have now submitted proposals to the UAW, with counter proposals. Chart watchers also employ multiples, such as 23.6%, 161.8%, 423% and so on. It delivers breaking news, exclusive insights. Technical analysts see key retracement targets for a rallies or selloffs at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets. Dow Jones publishes the worlds most trusted business news and financial information in a variety of media. Latest News All Times Eastern 9:10a Morgan Stanley slaps the biggest price target yet on Tesla’s stock with a ‘moonshot’ thesis 9:07a Barrons Apple Stock Is Rising.
It’s based on a sequence of whole numbers, in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).
Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa.
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