Dow Jones Stock Price: Will They Rally Or Crash?

 

Dow Jones Stock Price: Will They Rally Or Crash?

Editor: Vlad Rothstein | Tactical Investor

Dow Jones Stock Price: Trending Upwards Or?

 

Dow Jones Stock Price Future Action Can be Determined by looking at the Charts

A chart level that most investors thought would never be tested again in 2018 is shaping up as its best hope after U.S. stocks staged their worst back-to-back declines since October. It’s 2,532.69 on the S&P 500, the intraday bottom touched on Feb. 9, and until Monday the lowest trading level of the year. It was briefly breached in the last 15 minutes before the index finished at 2,546, down 54 points to the lowest level since October 2017. The Dow Jones Industrial Average plunged 508 points, and the Russell 2000 ended 21 per cent below its August record.

As S&P 500 sell-off worsens, some analysts eyes new 2018 lows

To Russ Visch at BMO Capital Markets, it was just a matter of time before the February support caved in. One after another, past floors have given way as the sell-off deepened. Since the rout started in October, the index has fallen below its averages of the past 50 and 200 days. The latest breakdown came last week at 2,630, a level that had served as a cushion twice in the last two months. The April intraday low cratered Monday.

Visch says more pain is likely, citing a technical model called “measured move” that says, essentially, that downtrends get worse once a bounce fails.

“A move to 2,445 makes a lot of sense to us,” Visch wrote in a note to clients. “A close below the early 2018 lows will likely cause the ‘rush for the exits’ which brings the heavily negative, one-sided bearish climactic action that’s been missing so far.”   Bloomberg

Conclusion

Experts talk big when things appear to be going their way; their biggest shortcoming is that they never learn from their past mistakes.  One area stands out the most; there is not one expert that can prove that a stock market crash is not a great buying opportunity from a long term perspective. To date, every stock market crash has provided investors with a once in a lifetime opportunity of buying low and selling very high in the years that follow.

New Comments Oct 2019

Copper continues to put in a bullish pattern and once the MACD’s on the monthly charts experience a bullish crossover, we suspect it will not be too long after that before the markets explode.

According to the Tactical Investor alternative Dow Theory, if the Dow utilities trade to new highs, it is a good omen of things to come. In other words, the Dow industrials will follow the same path sooner or later. The Dow utilities surged to new highs in September and as a result, the Dow industrials and transports are expected to follow suit.  The transport sector is expected to outperform the overall market.

Huge amounts of money have left the market indicating that the crowd is panicking at precisely the wrong time. History indicates that whenever the masses panic, that opportunity is usually around the corner. Hence the only one that is going to take another round of beatings is the masses.

The Markets are mimicking the pattern that of 2009; if this pattern completes it will lead to an explosive upward move.

Articles of Interest:

 Prosperity's Mindgame: The Happy Investor's Long-Term Strategy

 Prosperity’s Mindgame: The Happy Investor’s Long-Term Strategy

Mar 6, 2024 Strategic Triumphs: Unveiling the Machiavellian Secrets of the Happy Investor "Investing is the art of carving," as ...
How to Be a Good Investor

Navigating Turbulent and Prosperous Times: How to Be a Good Investor

Mar 5, 2024 How to Be a Good Investor: Thriving in Turbulence and Triumph In the complex ballet of financial ...
How does the media manipulate public opinion?

The Hidden Hand: Exposing Media’s Mastery in Swinging Public Sentiment

Mar 4, 2024 How does the media manipulate public opinion? In the grand chessboard of public opinion, where society's sentiments ...
Technical Analysis Pattern Essentials: Deciphering the Market's Hidden Language

Technical Analysis Pattern Essentials: Deciphering the Market’s Hidden Language

Mar 1, 2024 Introduction: The Symphony of the Markets In the grand theatre of finance, markets whisper secrets through the ...
Cultivating Wealth: The Virtue of Patience in Investment Success

Cultivating Wealth: The Virtue of Patience in Investment Success

Mar 1, 2024 Cultivating Wealth: Harnessing Patience for Investment Prosperity In investment, patience is more than a virtue; it's a ...
which of the following is the biggest pitfall of economic indicators

Which of the Following Is the Biggest Pitfall of Economic Indicators: Analysis

Feb 29, 2024 Which of the following is the biggest pitfall of economic indicators? Before diving into the core of ...
Gold Bull Charging: Ready to rumble

Silver and Gold Bull: Charging-Poised for a Powerful Move

A complex system that works is invariably found to have evolved from a simple system that works. John Gall Silver ...
Navigating the Minefield: Overcoming Common Trading Mistakes for Financial Success

Common Trading Mistakes: Sidestepping Pitfalls to Maximize Profits

Feb 29, 2024 Trade Smart: Avoiding Common Mistakes to Secure Your Investment Future Trading in financial markets is an endeavour ...
Is everyone losing money in the stock market? The short answer is a resounding no, not by a mile

Is Everyone Losing Money in the Stock Market? Myth vs. Reality

Is Everyone Losing Money in the Stock Market? Debunking the Myth Feb 29, 2024 In the tumultuous world of the ...
Navigating Market Pessimism: Understanding the Permabear Doomster Mentality

Permabear Doomster Debacle: Daring to Defy the Dire Predictions!

Editor: Vladimir Bajic | Tactical Investor Unveiling the Mindset: Exploring the Permabear Doomster Perspective Feb 29, 2024 Unveiling the Mindset: Exploring ...
Defining Contrarianism: The Art of Elegant Dissent

Defining Contrarianism: The Art of Elegant Dissent

Feb 28, 2024 In a world awash with a cacophony of voices and opinions, the contrarian stance emerges as a ...
Stockta Indicators for Opening Longs in the Throes of Panic

Unlock Market Chaos: Profit with Stockta Indicators

Master Market Mayhem: Stockta Indicators for Opening Longs in the Throes of Panic Updated Feb 28, 2024 Investing in stocks ...
smart investing

Contrarian Smart Investing: Success in Going Against the Crowd.

Feb 27, 2024 Smart Investing: Navigating Market Volatility with Machiavellian Wisdom Investors often exhibit caution in the face of market ...
Large insider transactions;

Insider Transactions: Unveiling the Market’s Hidden Narratives

Insider Transactions: Decoding the Signals in the Corporate Symphony Feb 27, 2024 In the intricate ballet of the stock market, ...
Competitive Advantage Examples

Gaining the Edge: Competitive Advantage Examples

Feb 26, 2024 Competitive Advantage Examples in Stock Market Investing Introduction When it comes to stock market investing, uncovering the ...