Posts Tagged ‘dow jones chart’
[Chart] Dow Jones 27/05/2010
U.S. stocks rallied amid a statement from the Chinese Government denying reports it would sell euro-bond holdings. The Euro rebounded as concerns about Europe’s debt crisis ebbed. The Dow Jones advanced 2,85%, the S&P 500 climbed 3,29% and the Nasdaq (back into positive territory for 2010) closed up 3,73%.
Looking at the Dow Jones chart there is an interesting formation in progress which reminds us very much of the mini crash in January of this year triggered by the Greece debt crisis.
Read more: [Chart] Dow Jones 27/05/2010
Tags: dow jones chart | Posted under Charts & Strategies | No Comments