by Chris Kimble | Apr 6, 2022 | Kimble Charting
The Dow Jones Industrial Average is in the midst of a bounce off its March low and may be looking to retest its highs in the weeks ahead. But this could be trickier than most rally retests. Why? Because the recent high failed right at the 423.6 Fibonacci extension...
by Chris Kimble | Sep 8, 2020 | Kimble Charting
Investors tend to follow the Dow Jones Industrial Average and Dow Jones Transportation Average to gauge the economy and the popular stock market signal, “Dow Theory”. Though laggards this year, both indices remain important and may be nearing a crossroads. In today’s...
by Chris Kimble | Aug 2, 2018 | Kimble Charting
The history of the Dow Jones Industrial Average (INDEXDJX:.DJI) is one built on ups and downs. But more ups than downs over the long-run In the chart below, we look at the price action over the past century. For the majority of that time (roughly 70 years), the Dow...