Dow Jones Industrials Posts New Highs
It may only have thirty stocks, but those thirty stocks are wasting no time posting new highs. It's working as a lead index at the moment, with the Russell 2000 not far behind. With these indices doing most of the leg work there is a good chance they will drag the S&P and Nasdaq along with them.
The Dow Jones Industrial Index is pushing itself beyond its rising channel, although volume is drifting lower. Technicals are positive and relative performance has been moving sharply higher since mid-February.
You've now read my opinion, next read Douglas' blog.
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