Goldman Sachs, Not Salesforce Shows Big Risk In Dow 30 (Technical Analysis)


  • The Dow Jones Industrial Average fell 350 points after Salesforce’s earnings disappointed investors.
  • The trend in the Dow and the US stock market is bending lower, increasing the potential for a downward tilt in the coming months.
  • Goldman Sachs’ chart is a key indicator for the Dow’s future, and its recent performance suggests a potential decline.
Down in metal with arrow

Jonathan Kitchen

Earlier this week, the Dow Jones Industrial Average had a moment that reminded me of a pop song that was rolling around in everyone’s head back in 2005: Bad Day, by Daniel Powter. The chorus includes this:

You had a

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