Wednesday, August 27, 2014

Market Insight: DOW vs. USD - Primary Drivers


The Dow Jones Industrial (DJI) and S&P500 market ability to swing back higher on the second wave after their respective decline shows the investor's resilience and market sentiments to take back their lead with this current rally.

The 16500 handle was a crucial level, that even touched a 16333 low which kept most investors on the sideline after profit taking. Likewise have created doubts of a continuing decline due to a lot of surrounding factors that created a dark cloud of uncertainty in the market place. While current levels are now above the 17000 and the 2000k respective handles for the DOW and the S&P; have encouraged bull players to come to life again contrary to the some analyst still calling a major drop for the stock  market soon. Click here.

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