STOCK MARKET ‘MOTHER OF SUPPORT ZONES’ BETTER HOLD — POTENTIAL GOOD NEWS AHEAD $DJIA $DIA $SPX $SPY
Stock market investors are grappling with several important questions about their investments. This is a confusing time, as many pieces of information, sometimes in opposition to one another, are competing for our interest. Let’s look at three charts for guidance. Please click here for an annotated chart of Dow Jones Industrial Average ETF DIA, which tracks the Dow Jones Industrial Average DJIA. Please click here an intraday chart of S&P 500 futures ES00, which is based on the benchmark S&P 500 Index SPX. Please click here for a chart of a potential cure for the novel coronavirus. Note the following: • The first chart shows that the prior support zone is broken