Sunday, February 21, 2016

What's Picasso saying ?

Picasso is not displaying any swings going forward for the DJIA.  So it is not easy to interpret a near flat line with an upward bias.  But, GE is the only stock left in the Dow30 that is one of the original DJIA stocks.  Although the price charts of GE & the DJIA are not similar, their changes in trend have been similar in the past.  Due to this similar trend between GE & the DJIA, it is best that Picasso's readings for GE be used temporarily as a proxy for the DJIA. So here are those results.

Picasso's dates
2/22H
2/25-28L
3/1-2H
3/15L


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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results

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