Intraday Market Thoughts

DJIA April Seasonals & 93% Breadth

by Ashraf Laidi
Apr 2, 2014 18:29

April is the best historical month for the Dow Jones Industrials Average. The index finished higher in April in of each of the last eight years, averaging a monthly rise of 3.3%. Unlike the S&P500, which is trading at new record levels, the DJIA is 30 points way from its 16,588 record close reached on December 31 of last year. 93% of DJIA members are currently trading above their 200-day moving average. Full charts & analysis

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DJIA April Seasonals & 93% Breadth - Dow 200 Wma Apr 2 (Chart 1)

 
 

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