American Stock Index Trends (Dow Jones) 23 Feb to 3 March - Review

The forecast made on 20 Feb for this period is given below. It was specifically stated as follows :

  

Date		Trend	Remarks
From	To
23 Feb	3 Mar	Rise	Very volatile. Still rise is indicated. Market holidays on 27 Feb and 28 Feb.

Yet the market rose in this period. We give below the actual Dow figures for this period.

  

Dow Jones Industrial Average

PRICES

Date Open High Low Close 3-Mar-10 10,406.28 10,496.22 10,359.58 10,396.76 2-Mar-10 10,404.16 10,493.80 10,359.80 10,405.98 1-Mar-10 10,326.10 10,444.60 10,320.05 10,403.79 26-Feb-10 10,321.41 10,391.24 10,250.45 10,325.26 25-Feb-10 10,366.60 10,366.60 10,155.75 10,321.03 24-Feb-10 10,284.00 10,416.94 10,271.61 10,374.16 23-Feb-10 10,383.16 10,430.16 10,239.34 10,282.41 22-Feb-10 10,402.43 10,468.55 10,333.05 10,383.38

This period actually showed volatility. Look at the daily fall and rise in this period.

Dates	Trend and actuals	Actual volatility
Feb 22	10383	Previous close
23	10282	Fall
24	10374	Rise
25	10321	Fall
26	10325	Flat
27	Saturday	Saturday
28	Sunday	Sunday
1-Mar	10404	Rise
2	10406	Flat
3	10397	Fall

During this period there was lot of volatility. Still market did rise in this period from 10383 (previous close) to 10397 (current close) thereby showing a modest rise of 14 points.