The Dow Jones Index nudged higher on Wednesday with a small gain of 15 points (0.08%) to close at 18,224 points. The S&P500 index which is the broader US market index made a slight loss losing 1.6 points (0.08%) closing at 2113 points.
Volatility was low with a narrow trading range for both indexes indicating a slight pause from the recent strong up moves with the charts showing the formation of small candles in yesterdays trading. The Dow Jones Index below shows the resistance breakout has continued to push upwards. The support level sits at 18,103 points.
Dow Jones Index
Pfizer Inc (PFE) : Flag breakout overnight on good volume
Pfizer Inc (PFE)
Charter Communications (CHTR) : Breakout from ascending triangle
Charter Communications (CHTR)
SM Energy (SM) : Early up-trend with a bullish candle resistance breakout
SM Energy (SM)
If you have any questions on any of the charts above please feel free to contact me.
Happy Trading
Flavio
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