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US Stock Market's Bullish Run Continues

US Stock Market's Bullish Run Continues

Thomas Long, Course Instructor

US interest rates are low and corporate profits are up. This environment is usually good for the stock market and this time is no different. This daily chart of the US30, which is the Dow Jones Industrial Average, shows a strong uptrend that shows no sign of slowing. This move up started in March of 2009 when this index traded below the 6,500 level. That is a strong move in a two year period and is the reason why I would continue to look for buys as long as the index remains above the 11,736 level noted on the chart.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.