Stock markets- Dow Jones slumps after surge
Posted in Dow Jones Industrial
One of our tweets yesterday on Independence Day was a question: “Weak Asia and Europe markets showing the trend of the week?”. On opening today the “rally!” tweets were rampant, both from less and more known instititutions. Needless to say, what is true one hour may not be so the next.
At Dow Live Report our viewpoint is always where the full day of trading puts the Dow. At the time of writing we are back at last trading day´s close. Those who daytrade may have had a very good day indeed but the more substantial, mid-term trend is very weak. We still propose you play the game for the week with a flatline to downward expectancy.
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- Weak Dow opening on mixed global markets?
- Dow and global market drop expected.
- Will Dow Jones go Nasdaq bullish?
- Strong rally brings Dow Jones over 10000 – again
