THE CHART SHOWS DOW JONES TO 32,000 — BE BULLISH BUT CAUTIOUS IN THIS DRUNKEN PARTY $AAPL $AMZN $DIA $SPY $QQQ $FB $MSFT $GOOG $GOOGL
The Dow Jones Industrial Average may be heading toward 32,000, according to one measure that often works out.
Let’s explore with the help of a chart. Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA which tracks the benchmark index DJIA.
Please note the following:
• When the Dow Jones Industrial Average was at 16,000 points, I was among few who publicly called for the index to hit 30,000. Subsequently, I have repeated the call several times. As an example, please see “Here’s the case for Dow 30,000 in Trump’s first term.”… Please click here or the title below to read more.
June 20, 2019