Below is Technical Analysis for the Dow Jones Industrial Average ( DJIA ). All information is based
on my sole opinion. I use technical analysis to identify where buyers and sellers are likely to exist. These
areas are what I refer to as support and resistance levels. Technical Analysis allows me to form a game plan before
a trading session. It also allows me to indentify the current trend of the overall stock market (Uptrend or Downtrend).
Most successful investors and traders use technical analysis on a daily basis. While technical analysis can get really
technical, I only use high and low points as well as three moving averages (10 day, 50 day, 200 day moving average).
In addition to the moving averages I use for the Dow Jones, I also look at volume. For more on the stock market, visit
my blog - http://daytradingstockblog.blogspot.com
Dow Jones Outlook 2017 - The Dow Jones and Stock
Market are soaring into 2017 because of Donald Trump's amazing Presidential victory. Trump will be investing in infrastructure
and reversing a lot of the negative Obama policies which is hindering growth. The Dow Jones just broke 19,000 and should
easily hit 20,000-21,000 in 2017. Pullbacks below 18,000 are a super strong buy for the long term.