Bull trend intact: Charting the second approach of Dow 20,000
December 20, 2016 at 12:36 PM EST
The Dow industrials’ second approach of the 20,000 mark is underway against a still firmly-bullish bigger-picture technical backdrop. Consider that each widely-tracked U.S. benchmark has responded well to the Federal Reserve’s latest interest rate hike, issued last week, establishing an orderly range just under record territory.