The above chart shows an AB upleg until 2000 and a BC retracement between 2000 and 2009. We can derive meaningful conclusions from the Dow Jones 20 year charts in this article. With the Corona crash the Dow Jones fell from the top of the channel to the lower channel. Price is back up into the highest of the 4 long term channels. The general perception and feeling is that 2007 was a long term top for stock … Dow Jones 20 year chart on April 27th, 20′. We feature chart updates from March 20th, 20′, at the depth of the Corona crash, one month after the crash lows, 4 months later and 7 months later. Also our Trade Alerts premium service plays the S&P 500 in ways that exceed everyone’s expectation: simple but extremely effective. The longest term timeframe does not reveal any new insight against the other 2 Dow Jones charts featured above. His methodology is unique and effective, yet easy to understand; it is based on chart analysis combined with intermarket / fundamental / sentiment analysis. We are on track to double our capital in 2020, as per our Mission 2026, in the most challenging year of markets in history of mankind. Markets typically move in an A-B-C-D pattern. In particular, the 23,000 to 23,500 area in the Dow Jones Industrials Index is, by far, the most important area to watch. 20 Year Stock Market Chart Monday, 26 October 2020. ], [Corona Crash Update posted on 03.20.20. Find the latest stock market trends and activity today. It is not really fair to say that the stock market is in a bubble right now, although, on a shorter time frame, a bubble view could be visible. That is why it is always recommended to look at long term charts. Taki has +15 years of experience in global markets. The long term timeframes like 20 years are great to find long term dominant trends. Note how price is now back into the yellow rounded reversal pattern, and more important how it is back in the highest of the 4 channels. Both areas will act as support and resistance in the next few weeks and months. Twitter: twitter.com/investinghaven. Dow Jones 20 year chart on August 23d, 20′. Our point of view is that the current upleg will be stopped in 2017, but the correction is likely to be a blip on a very long term chart. The Dow Jones Industrials has a very interesting 20 year chart. It just indicates that the uptrend is slowing down, but there is still an uptrend. An outlier. In other words stock market bulls want to see a reading above 28k points in the Dow Jones. This can happen in the middle of the year, and the market can recover by year-end, so a market correction may never show up as a negative in calendar-year total returns. 7 months after the Corona crash lows we see some hesitation after a phenomenal V-shaped recovery. First of all, the index is back in its 2009 uptrend channel. The 28k level is one that marks resistance of a 4 year bearish reversal! The longer time frame reveals much more than the short term time frames. Looking at the chart, especially the green circle annotated on that chart (click on the link mentioned before to go to our article) requires more detail which is what the 20 year Dow Jones chart outlined above offers.eval(ez_write_tag([[300,250],'investinghaven_com-box-4','ezslot_5',131,'0','0'])); As said in the previous section we strongly believe that the February 2018 lows are the line in the sand. Long term investors are recommended to continue to monitor the Dow Jones long term chart on 20 years to stay on par with the long term trend, and check this once or twice per month, as part of their rituals and research. In closing we want to share some more actionable insights for which we need a shorter timeframe: 5 years. Top notch forecasting with gold price forecast, many stock predictions, cryptocurrency charts. The current price of the Dow Jones Industrial Average as of October 27, 2020 is 27,463.19. This paragraph and below charts contain an up-to-date version of the (very) long term Dow Jones price charts as well as the 20 year Dow Jones chart. It is no coincidence that the Dow Jones index is hesitating at current levels. Post Corona Crash Update posted on 10.25.20, Post Corona Crash Update posted on 08.23.20, if this index is able to close March and/of April in the 22,400 area, regardless of how deep if fell intra-month in March (below 20k points) then we may continue to move in the highest channel. The Corona crash is seemingly shaping up to become a one off type of event. Although we are not pretending that the Dow Jones will soon trade at 40,000, there will probably be a day that it will be that high, unless things have changed drastically in markets, which we don’t exclude neither. Trump barnstorms Pennsylvania as polls show him trailing Biden in key state MarketWatch… Most likely the monster monetary and fiscal stimulus from governments all over the world is offsetting the potential bearish effect of the Corona market crash. The Dow Jones Industrials is no exception, its long term chart shows a different picture than the shorter term charts. The general perception and feeling is that 2007 was a long term top for stock markets. Last Year: During the last 12 months, the S&P 500 had a rank of 4 with a return of 3%. An important one, but one that only temporarily created havoc. The following image makes the point (source). The Dow Jones now ‘hangs’ above 2015 support and below 2018 support. As per our investing method we always have to take a top down approach to analyzing markets. Please scroll down for the most up-to-date Dow Jones chart on 20 years with other up to date Dow Jones charts. Please enter your username or email address to reset your password. The chart is leading, financial news is lagging. That’s what this 20 year Dow Jones chart suggests. The best day of the year for the stock market is almost here MarketWatch. That’s an insight that is based on the long term pattern, and that’s why the Dow Jones long term chart on 20 years is so important, is negates the short term ‘feeling’ or ‘perception’ that an investor might have. Dow Jones 20 year chart on March 20th, 20′. Between 1998 and 2011, the Dow Jones traded in a sideways pattern, while before and after that period it was in a secular bull market. Enjoying our work? At this point in time the Dow Jones Industrials Index did set a higher low against the February 2018 lows. The 2009 uptrend may be broken, but that is not necessarily a problem. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. IF that’s the case it would certainly confirm the bullish outlook of investors for 2021 to become a good year amid a back-to-normal outlook because of a Corona vaccination.eval(ez_write_tag([[336,280],'investinghaven_com-large-mobile-banner-2','ezslot_9',137,'0','0'])); Again, the chart is leading, and whatever news comes out it mostly is IN the charts beforehand. We wrote this update on November 4th 2018, almost 2 years after this post was published, as a followup on the Dow Jones long term chart on 20 years findings outlined above. On this long term Dow Jones chart the Corona crash looks a lot like the 1987 crash: just a blip and great long term buy opportunity. The monthly closes now will be important: if March 2020 and/or April 2020 does not end back in the highest sub channel, this index may only bottom in the 16,600 area at a later point in 2020. Most investors have the perception that the 2000 and 2007 tops were followed by bear markets. The Dow Jones long term chart has 4 sub channels as part of its 100 year rising channel (light green with the red resistance trendline at the top). Many investing tips and crypto market analysis. Next, the 20 year Dow Jones chart, updated the end of April of 20′. Interactive chart of the Dow Jones Industrial Average (DJIA) stock market index for the last 100 years. Obviously, stock markets will correct sooner or later. So the last CD upleg has started only 3 years ago. The median return for all stock market indexes during May was -4.75%. The average return for the indexes during the month was -4.91%. While that is correct from a tactical perspective it is much more ‘nuanced’ from a secular perspective.eval(ez_write_tag([[580,400],'investinghaven_com-medrectangle-3','ezslot_2',129,'0','0'])); That is why it is always recommended to look at long term charts. That’s why we need the daily chart, with shorter term analysis. All the conclusions apply. So far, though, the October correction did not damage any long term uptrend. We are ‘back on track’ after 3 months below the 2009 uptrend. The longer time frame reveals much more than the short term time frames. So current price levels at the time of writing are crucial. This is breaking news, even though not a lot of commentators are talking about this. The Dow Jones is set to rise unless it falls below 22,000 points. His work appeared on major financial outlets like FinancialSense, MarketWatch, ... Email: taki.tsaklanos@gmail.com. So far, this year, our combined portfolio is delivering +80% year to date. Let’s play back how the Corona crash impacted the Dow Jones 20 year chart, and the dominant pattern on that chart. Please scroll down for the most up-to-date Dow Jones chart on 20 years with other up to date Dow Jones charts. We wrote this update on April 27th, 20′, one month after the depth of the Corona crash. This paragraph and below charts contains several snapshots of the Dow Jones long term chart on 20 years. Most likely yes, the only question is when. We are not pretending that we are today in a similar situation as in 1991, but it might be. Especially the Dow Jones long term chart on 20 years has some great insights for investors. Dow Jones 20 year chart on October 25th, 20′. 02:26 PM ET. After the 2018/2019 ‘risk off’ we will see a strong rise going into 2020 and 2021. If this happens on a 3 week consecutive weekly closing basis we will know for sure that the Dow Jones is on its way to 32k points in 2021. We invest in broad stocks in our Momentum Investing portfolio. Follow our work, or become a premium member, to follow us on the ride to the top of the long term channel. And yes, as said so many times, the news is IN the charts. In other words there is plenty of downside. The odds favor for the Dow Jones index to move higher on the last chart shown above. Airline stocks suffer broad selloff as travel demand dips, COVID-19 cases surge MarketWatch. Next, we see an upleg after 2009 (with a real breakout since 2012/2013). Typically, the legs AB and CD are similar in length. They coincide with the ones on the Russell 2000 chart which we have covered extensively on our blog. Whatever happens around 28,000 points will be critical. Will the Dow Jones index succeed in moving higher? We certainly agree with the Goldman Sachs outlook on stocks as per this quote: Goldman added that the “most important catalyst” to lower near-term risks and generate more growth optimism for the next year is further clarity on when and how a coronavirus vaccine will be deployed. 20 year rolling returns djia the inflation adjusted dow jones djia 100 year historical dow jones long term chart on 20 years this djia chart signals a bad year for.