03/06 – 03/10 Dow Jones

dia      djid1

Dow Jones is one the best performing index since Trump post election and as i said in my last market research  we have seen further upside action last week. The momentum in this idex may slow next week.

The prior pivots for trading this week is 2169.11 and 20957 on $DJI (211.59 209.84  for DIA ). As long as $DJI hold 20957, stay bullish and watch for follow through to clear 2169.11 level, trading strong stocks. If bears build up power and broke 209.84, see if they hold and watch for follow through to 20850 level ( 208.35 on DIA ), trading weak stocks.

Strong stocks :

CSCO, JPM, MRK, DIS< DD, JNJ, AXP, TRV, V, MCD, PG, AAPL, HD, UNH, IBM, BA, MMM, GS.

Weak stocks :

XOM.

 

 

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