Dow in crisis? Phil Blancato, analyst, warns that the stock market is overbought
Dow in crisis? Phil Blancato, analyst, warns that the stock market is overbought
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By CCN.com: The Dow Jones Industrial Average has added nearly 400 points since March 27, in three days, from 25,462 to 25,867. When it zoomed out, the Dow struggled with show a strong dynamic above the 26,000 level since it passed below this level on March 1st.
The Dow struggled to show any sign of dynamism last month (Source: Yahoo Finance)
Why could the Dow Jones go down?
According to…
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