Miner Company
The Laggard Dow Jones Is In The Process Of A Bullish Catch-Up Above 47,895 Key Support
DJI lagging but poised for catch-up: While other major US indices have posted gains post ceasefire, the Dow has underperformed but is now showing signs of a bullish catch-up above key support at 47,895. Macro tailwind improving for financials: Stabilisation and potential re-steepening of the US yield curve could boost bank profitability, supporting the Dow given its heavy financial sector weighting.
DJI lagging but poised for catch-up: While other major US indices have posted gains post ceasefire, the Dow has underperformed but is now showing signs of a bullish catch-up above key support at 47,895. Macro tailwind improving for financials: Stabilisation and potential re-steepening of the US yield curve could boost bank profitability, supporting the Dow given its heavy financial sector weighting.