Don't Ignore This Chart!

Dow Tests 50-day Moving Average


With a sharp decline the last seven days, the Dow Industrials is testing is 50-day moving average, which is currently at 9457. This is the first test of the moving average since the Dow surged in mid July.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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