Party Like It’s 1964 – Part 3

One month ago I posted,

Party Like It’s 1964

The Dow Jones Industrial Average DJIA rose 181 points on Friday, making it the ninth straight weekly gain for the Dow and the first time since 1964 that the DOW rose in the first 8 weeks of a calendar year.

This recovery since the Christmas lows is primarily due to Fed Powell succumbing to the Markets demands and putting its interest-rate policy on hold.

Two weeks ago I posted,

Party Like It’s 1964 – Part 2

Now price find itself right above the 200 simple moving average. In addition, the 50 simple moving average is starting to

About the author: TIMM Trader
Uniting Experts & Novices for Mutual Profit!

Add your Scripsio!

Join Scripsio and write what you write!
Be a part of the Scripsio community. Share what you have written.

Comments

No comments yet