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The Dow is very close to an important support level (click on the chart to enlarge it).
Unfortunately, the 25-day moving average, which has withstood the test many times in the past, has been broken on the downside.
To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/ where you can review The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific money management needs.
I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
George Dagnino, PhD
Editor, since 1977
Ranked No. 1 market timer by Timer Digest
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