The Dow Jones Industrial Average, Dow Jones Transportation Average and Russell 2000 ended last week below their semiannual pivots at 27,266, 10,720 and 1,572.85, respectively. The Dow, S&P and Nasdaq remain above their annual pivots at 25,819, 2,867.1 and 7,370 Nasdaq, respectively. The Dow, S&P, Nasdaq have neutral weekly charts. The S&P 500 (2,970.27 on October 11) is up 26.6% from its December 26 intraday low of 2,346.58 and set its all-time intraday high of 3,027.98 on July 26. The Russell 2000 (1,511.90 on October 11) is 19.3% above its December 24 intraday low of 1,266.92 and is in correction territory, 13.2% below its all-time intraday high of 1,742.09 set on August 31, 2018.

Source: Forbes October 14, 2019 14:25 UTC