Moving Averages have been shown to predict the Dow Jones Industrial Average (DJIA). Brock, W.; J. Lakonishok: and B. Lebaron. "Simple Technical Trading Rules and the Stochastic Properties of Stock Returns." Journal of Finance, 47 (1992), 1731-1764.
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#fitwolverine Dow Jones Industrial Average Today Struggles to Recover from Oil Price ... 3, FIT: Shares of Fitbit Inc. (NYSE: FIT) were off more than 7% on news that the manufacturer of wearable fitness gadgets priced a secondary offering at $29 per share. http://moneymorning.com/2015/11/13/dow-jones-industrial-average-today-struggles-to-recover-from-oil-prices-collapse-fed-speak/