Disclosure: I do not own, or plan to own, Chevron, Intel, Microsoft or Exxon MobilMonday’s strength makes the weekly chart for the Dow Jones Industrial Average neutral. Semiconductor giant Intel has a positive weekly chart, with Microsoft positive but overbought setting an all-time intraday high on Monday. Nymex crude oil has a negative but oversold weekly chart, putting pressure on energy companies. My quarterly, annual and semiannual value levels are $48.31, $47.80 and $43.04, respectively, with my semiannual risky level of $58.40. The weekly chart for the Dow will be upgraded to neutral if the average ends the week above its key weekly moving average of 20,603.69.
Source: Forbes April 25, 2017 14:32 UTC