Dow 20K is nice but NYSE Breakout is Better

Dow 20,000 has a nice ring to it but it is not a very technically significant level. Great for punditry but not for trading. However, it is still important because at the same time the NYSE composite broke out to all-time highs above 2015 levels.

Dow 20,000 has a nice ring to it but it is not a very technically significant level. Great for punditry but not for trading. However, it is still important because at the same time the NYSE composite broke out to all-time highs above 2015 levels. That is far more meaningful.

Video length: 00:05:42

Disclosure:

No positions in anything covered.

STOCKS IN THIS ARTICLE

Comments