The US30 (Dow Jones) remains in bullish territory despite th

--・60 views

The US30 (Dow Jones) remains in bullish territory despite the overextended zones it reached. Recent GDP numbers are going to help out this index to the bullish side .Seeing how yields are stagnant this week and the dollar is weaker today suggests that GDP has in good shape. Price is up around 0.78% this week as we approach PCE reports tomorrow. What the index would most likely want to see is a lower PCE number. Although, either way it doesn't seem like it will impact the market too much.

The US30 (Dow Jones) remains in bullish territory despite the overextended zones it reached. Recent GDP numbers are going to help out this index to the bullish side .Seeing how yields are stagnant this week and the dollar is weaker today suggests that GDP has in good shape.
Price is up around 0.78% this week as we approach PCE reports tomorrow. What the index would most likely want to see is a lower PCE number. Although, either way it doesn't seem like it will impact the market too much.