DOW JONES INDUSTRIAL

AVERAGE
US-30
Presented by Muhammad Suleman
Usama Khan

Introduction

TheDow Jones Industrial Averageis also called

theIndustrial Average, theDow 30, or simply
theDow market, is astock market index. The
industrial average was first calculated on May 26,
1896. Currently owned byS&P Dow Jones Indices,
which is majority owned byMcGraw-Hill Financial,
it is the most notable of the Dow Averages, of
which the first (non-industrial) was first published
on February 16, 1885. It is an index that shows
how 30 large publicly owned companies based in
the United States have traded during a standard
trading session in thestock market.

6-july-2015

On 6-july-2015 the trend in the US-30 or

Dow Jones industrial was bearish which
shows that markets closing was at low
than its opening (i.e. open at 17,728.08
and close at 17,683.58). During the day
the stock traded at highest price of
17,734.36 and the lowest price was about
17,564.36

News

News released on 6-july-2015 was about one of the

listed company in the US-30, the main heading of the
news was Goldman Expands Activism Defense
Group after Anderson Departure. The news was
about Goldman Sachs Group Inc. is turning its
activism defense team into a broader advisory group
after the teams leader, William Anderson, left for
Even core Partners Inc. Banks have built up practices
in recent years that advice companies on how to deter
and respond to activists, as the investors garner more
money and institutional backing. Goldman Sachs is
seeking to provide advice to companies on potential
reactions and pressure from other shareholders.

Pivot point= (H + L + Adjustment) / 3

= 17734.36+17564.36+17683.58/3
= 17660.77

R1 = 2*17660.77 - 17564.36
= 17757.18
R2 = 17660.77 + (17757.18
17564.36)
= 17853.59
S1 = 2*17660.77 - 17734.36
= 17587.18
S2= 17660.77 (17757.18 - 17587.18)
=17490.77

7-july-2015

Explanation:

On 7-july-2015 the trend in the US-30 or

Dow Jones industrial was bullish which
shows that markets closing was at high
than its opening (i.e. open at 17,684.92
and close at 17,776.91). During the day
the stock traded at highest price of
17,793.45 and the lowest price was about
17,465.68

News

On 7-july-2015 news was released about

the economy of japan, the main heading
of the news were Japan's Nikkei falls
below 20,000, hits 7-week low. Japan's
Nikkei share average fell below the
psychologically important 20,000 mark
on Wednesday to a seven-week low on
concerns about a meltdown in Chinese
shares and Greece's debt crisis.

Pivot point= (H + L + Adjustment) / 3

= 17793.45 + 17465.68 + 17776.91 / 3
= 17678.68

R1 = 2 * 17678.68 - 17465.68
=17891.68
R2 = 17678.68 + (17891.68 - 17563.91)
=18006.45
S1 = 2 * 17678.68 - 17793.45
= 17563.91
S2= 17678.68 (17891.68-17563.91)
= 17350.91

8-july-2015

Explanation:

On 8-july-2015 the trend in the US-30 or

Dow Jones industrial was bearish which
shows that markets closing was at low
than its opening (i.e. open at 17,759.01
and close at 17,515.42). During the day
the stock traded at highest price of
17,759.01 and the lowest price was about
17,496.22

News

On 8-july-2015 a news was released

under the main heading Muni Yields
Driven Lower by Greece as Puerto Rico
Woes Ignored. Yields on U.S. tax-exempt
debt are the lowest since May, joining a
broad fixed-income rally amid Greece's
standoff with creditors even after Puerto
Rico declared its $72 billion of debt unpayable.

Pivot point= (H + L + Adjustment) / 3

= 17,759.01 + 17,496.22 + 17515.42 / 3
=17590.21

R1 = 2* 17590.21 - 17496.22
= 17684.20
R2 = 17590.21 + (17684.20 17421.41)
= 17853.00
S1= 2* 17590.21 - 17759.01
= 17421.41
S2= 17590.21 (17684.20 - 17421.41)
= 17327.42

9-july-2015

Explanation

On 9-july-2015 the trend in the US-30 or

Dow Jones industrial was bullish which
shows that markets closing was at high
than its opening (i.e. open at 17,530.38
and close at 17,548.62). During the day
the stock traded at highest price of
17,764.85 and the lowest price was about
17,530.38

News

On 9-july-2015 a news was released under the main

heading of U.S. Stocks Advance after China Rebounds;
Greek Deadline Looms The overall bullish trend at US30 was because of, as U.S. stocks advanced with global
markets as Chinese equities rebounded the most since
2009, easing concern over economic growth. Shares
pared an early rally as Greece approached a deadline
for securing a bailout. Citigroup Inc. and Bank of
America Corp. increased more than 1.4 percent as
banks recovered from Wednesdays drop. Walgreens
Boots Alliance Inc. gained 4.2 percent after quarterly
profits topped analysts projections. Apple Inc. slid 2
percent to lead technology shares lower, while
semiconductors retreated for a fourth day.

Pivot point= (H + L + Adjustment) / 3

= (17764.85 + 17530.38 + 17548.62) / 3
= 17614.62

R1 = 2 * 17614.62 - 17530.38
= 17698.86
R2= 17614.62 + (17698.86 17464.39)
= 17849.09
S1= 2*17614.62 - 17764.85
= 17464.39
S2= 17614.62 (17698.86 - 17464.39)
= 17380.15

10-july-2015

Explanation:

On 10-july-2015 the trend in the US-30 or

Dow Jones industrial was bullish which
shows that markets closing was at high
than its opening (i.e. open at 17,561.12
and close at 17,760.41). During the day
the stock traded at highest price of
17,797.49 and the lowest price was about
17,561.12

News

On 9-july-2015 news was released under the main

heading of U.S. Stocks Rise Amid Optimism on Greece
Proposals, China Shares. U.S. stocks joined a global
rally, with the Nasdaq Composite Index posting its best
advance since January, amid optimism that proposals
Greece submitted to its creditors will pave the way for
a bailout. Apple Inc. climbed 2.7 percent to halt a fivesession slide and pace gains among technology shares.
Semiconductors rebounded as Avago Technologies Ltd.
and Broadcom Corp. rose more than 2.7 percent.
American Airlines Group Inc. jumped 3.9 percent after
the carriertrimmed domestic growth plans this year.
Citigroup Inc. and JPMorgan Chase & Co. increased at
least 1.4 percent as banks gained for a second day.

Pivot point= (H + L + Adjustment) / 3

= (17797.49 + 17561.12 + 17760.41) / 3
= 17706.34

R1= 2 * 17706.34 - 17561.12

= 17851.56
R2 = 17706.34 + (17851.56 17615.19)
= 17942.71
S1= 2 * 17706.34 - 17797.49
= 17615.19
S2 = 17706.34 (17851.56 - 17615.19)
= 17469.97

Forecasting

As we had seen that initially The DOW

JONES market index fell during the start of
the week, but later on we found that enough
support at the 17,500 level to turn things
back around and form a hammer. The
hammer is a bullish sign, so we can say that
the market will move in a upward
momentum, and I hope so that the market
then go to the price of 18,200 or may be
higher than that, which means that the
market will be bullish in the upcoming week.