Dow Jones Index
The Dow Jones Index tracks how 30 of the largest publicly owned companies based in the United States have traded during a standard trading session. The chart below shows the Dow Jones Index is currently in a bull market and is making new highs. Any pullback from current levels should find support at the previous pivot high of 16,200 points. Further support down is found at 15,700 which is likely to be a stronger level given the index paused here on two occasions in July and September before acting as support in December.
Given the knowledge that the Dow Jones Index is currently trending up we should look for trading opportunities in these 30 stocks as the probabilities are higher for a successful trade with the bull trend in existance. Two shares that are included in the Dow Jones Index are International Business Machines (IBM) and General Electric…
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