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CHART BLOG

Dow Jones is near Yearly Support Pivot


$DJIA

The Dow Jones Industrial Average index (INDU/DJIA) this week will test the Yearly Pivot(YP) @ 23,090, and the weekly 50(same as the 200day). This is key support. If the YP)(23k) holds, the index could go back up to the Yr1 Pivot in 2018. IF the YP(23k) doesn't hold, then the Ys1 Pivot @ 21,300 is possible in 2018.


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