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Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility 2021-05-18 20:30:00 Peter Hanks, Strategist Dow Jones Price Outlook: The Dow Jones remains above an important trendline from March 2020 Nevertheless, the bullish outlook could fall under threat if bearish price action sparks a trendline break Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility The Dow Jones has been an outstanding performer among the three US indices over the last few months as the ongoing reflation trade helps to bolster many of its constituents. The same forces that have helped drive the Dow higher have worked to cripple the high-flying technology stocks of the Nasdaq 100 and many leaders of the S&P 500. As a result, the Dow Jones is the only index among them that remains above its broader uptrend and it could help the index avoid deeper declines if volatility continues.

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