Dow Jones Breaking Out


Technically, the Dow Jones index is breaking out with a strong gap-up today to a new high after the Feb-March drop. Although volume is always mild or low throughout the entire rebound process, bulls are still able to manage its fight back action. 

Therefore, it is important to follow the uptrend until it finishes. Using moving average lines, including 20, 50 and 200 day-moving-average lines, is useful guideline for judgement on trend direction.

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