John Howell is the founder of TradingandInvesting4U.com, a website geared toward helping even the most average of men (and women) get their best shot at earning a generous sum from the trends in the markets through certain software. In his own video, Dow Jones Industrial Average Daily Video Chart, John Howell shares about what is the current trend in the markets and how it predicts the future position of most of its players. The general aim of his video is to help the viewers be and stay on top of these trends.
Dow Jones Industrial Average encompasses the price-weighted average of 30 different but equally significant stocks based on the New York Stock Exchange and the Nasdaq. Dow Jones is one of the major indicators of the trends of the stock market in the United States. The other major indicators are Standard & Poor’s 500 (SP-500) and the NASDAQ Composite.
In the video, he mainly shows the Dow Jones Daily Chart showing the movement of the markets from July 2011 to January 2012. Though it may look quite complex, the main idea of the chart is to display how markets move on a daily basis. The movement may either be toward or away from the resistance line, the basis of the trends’ effectiveness and success.
The video also compares the Dow Jones Daily Chart with that of the SP-500, showing that in the former chart trends are actually just pulsating against the resistance line while in the latter they have already broken through. The markets in these charts are seen to be moving up and high. Generally, there are two movements of the trends: a pause or a reverse. If the markets move up and then pauses, the likeness of it moving straight up in the future is very strong. But if the markets move up but then stops and reverses, then they are definitely headed toward a bigger problem.
John Howell also points out how market trends going up and pulsating through the resistance line is better than the ones that go up and reverse every now and then. This is because per the actual trending, markets that pulsate through the resistance line have a bigger chance of breaking through it due to the trend becoming more used to the line.
However, John Howell still maintains that even if the trends can be quite predictable, they can still perform the unexpected. In fact, even if people expect a trend to reverse because it keeps on going up and reversing back, there still is a big chance that it would break through.
At the end of the video, John Howell invites his platinum clients (those who have already paid up to $5,000) to a 2-day cash flow and share trading mastery boot camp. This is an event that is sure to be filled with great lessons on trading strategies and systems that are sure to produce really good results even for beginners. This is an ultimate experience only John can provide.
DOW Jones
A look at the daily chart for the last eight months shows an interesting, alternating falling and increasing trend pass the 200 moving average culminating around the month of January 2012. But by and large, the market is running up towards the resistance line at 12,900 level. It is still struggling though, as evidence by the pausing line or sideways trend for the past couple of days in January and hopefully would break through eventually, even if for a short term only.
SP 500
Looking at the daily chart, we can see that the market has actually broken through past the 1350 level. Right now, we have yet to see if this trend continues and the market would rise and follow the upward path and break out, the market is moving high and the market is moving up, amidst the hard and tough times we are experiencing at the moment. But the thing is, looking at the weekly chart- the market is likely to come down as the upward trend has paused around the weeks surrounding January 2012.
It hasn’t have any days or weeks of fall back and so, a fall back might be due anytime before it finally does a rally. It has however broken through and this is a good sign. What is crucial to remember when looking at the chart is this, if you ever get a time where the market runs up to resistance, it can either pause or reverses.
If it pauses, then it is likely to continue its upward trend. However, if it runs up, stops, and then reverses, then it’s likely to come back down. This happens time and time again as shown in the chart.
But if the market runs up to the resistance then goes sideways for a time, then the likelihood that it will break through is much greater. REMEMBER: If it runs up, stop a bit – then it’s likely to reverse. But if it runs up, then pause- it is likely to breakthrough. Over all, expect the market to continue its upward trend.
VOLUME MOVING AVERAGE
Looking at the volume, we can see that there’s really no heavy trading, just relative average on the fifties (50), even on where there is an upward trend and the market breakthrough, the volume is not that heavy and it has not shot up, so the market is a bit wary on this.
PARTING SHOT
Finally, as the market trend tends to rise and ebb for the last six months, starting on July 2011 ending January 2012, I’m expecting a fall back anytime soon, but also, since the market has broken through this January, it could go either way, so let’s see if it continues to break through and push up higher.
Tags: Dow Jones, dow jones industrial average daily video chart, Forex Stocks, Investing, Market Business, trading
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