As per usual, we will look at indices on their daily charts. However, today we will not only look at S&P 500 and Nasdaq, but we will also include Dow Jones, because all of them are facing strong resistances.
Hollywood has officially lost its power over TV. A Silicon Valley Netflix has become a first streaming provider to receive the most Emmy awards in a single year. Overall, Netflix received 44 awards. LetΒ΄s also look together at different news from the world.
The Dow Jones is one of the key indices of the world economy. Together with the SP 500 or NASDAQ, it is one of the most important indices also in the trading world. However, the last week does not look very good for this index. Because compared to the rest of the market, DOW JONES is starting to lose ground.