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Does the Dow Jones keep in rising?

03/12/2019

Does the Dow Jones keep in rising?

The US stock market is witnessing a strong rise in the fourth quarter of 2019 as all indices recorded a new top historical high.

If we note the chart below that shows the Dow Jones industrial index after breaching the level of 27424, which was the highest historical peak being the index on July 24, 2019 and supported by the Dow Jones transport sector index, which broke its peak at 1085 on September 19, 2019, which indicates the support of the transport sector The industrial index supports the continuation of the bullish trend in the long and medium term

The latest index, the Advance Decline line, is one of the indicators of the depth of the market, which indicates that the percentage of rising stocks within the Dow Jones industrial index compared to the falling stocks, moving higher than the 20-week average indicates that the majority of the constituent stocks of the index support its rise.