02/27 – 03/03 Dow Jones

dia  dji

Dow Jones is one the best performing index since Trump post election and  we may see further upside action.

The prior pivots for trading this week is 20840.7 and 20663.37 on $DJI (208.15, 206.42  for DIA ) which are also the highs and lows on weekly chart of the last week. As long as $DJI hold 20663.37, stay bullish and watch for follow through to clear 20840.7 level, trading strong stocks. If bears build up power and broke 20663.37, see if they hold and watch for follow through to 20500 level ( 205 on DIA ), trading weak stocks.

Strong stocks :

AAPL, AXP , BA, CSCO, DD, HD, IBM, JNJ, MCD, JPM, MMM.

Weak stocks :

XOM.

 

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