05/01 – 05/05 Dow Jones

DIA   DJI

The prior pivots for trading this week are 21169.11 and 20723.59 on $DJI (211.59, 207.03 for DIA ). Don’t get too bulish until we clear and hold above all time high 21169.11, trading strong stocks. If bears build up power and broke 20723.59. see if they hold and watch for follow through to 20400 ( 203.80 on DIA ), trading weak stocks.

Strong stocks : 

AAPL, BA, CAT, DIS, HP, MCD, MMM, MSFT, UNH, UTX, V, WMT.

Weak strocks : 

CVX, IBM, XOM, VZ .

 

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