{"id":54876,"date":"2021-07-09T17:07:47","date_gmt":"2021-07-09T21:07:47","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=54876"},"modified":"2021-07-09T17:07:47","modified_gmt":"2021-07-09T21:07:47","slug":"dow-bounces-back-to-set-record-close","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2021\/07\/dow-bounces-back-to-set-record-close\/","title":{"rendered":"DOW Bounces Back To Set Record Close"},"content":{"rendered":"<p>The DOW rose 448.23 points or +1.30%, to a record close of 34,870.16 on Friday, a day after losing 259.86 points. The S&P 500 gained +1.13%, closing at an all-time high of 4,369.55, and the NASDAQ rose +0.98% to close at a record of 14,701.92.<\/p>\n<div align=\"center\" style=\"margin-bottom: 20px;margin-top: 10px;\"><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/-YC1yHrAG8Q\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<p>Friday's comeback brought all three major averages into green territory for the week, with the DOW gaining +0.25% for the week. In addition, the S&P 500 and NASDAQ both gained +0.40% and +0.43% since the beginning of the week, respectively.<!--more--><\/p>\n<p>Bitcoin continues to be stuck in a trading range, trapped right around the $33,000 level and building a head and shoulders pattern. Check out Aibek Burabayev's <strong><a href=\"https:\/\/www.ino.com\/blog\/2021\/07\/bitcoin-ethereum-and-ripple-update\/\">latest article<\/a><\/strong> outlining this setup for Bitcoin as well as updates for Ethereum and Ripple. <\/p>\n<h2 style=\"color: #003380; font-size: 20px;\">Key Levels To Watch Next Week:<\/h2>\n<ul>\n<li><strong>S&P 500 <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=SP500&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(CME:SP500)<\/a><\/strong>: 4,173.40<\/li>\n<li><strong>Dow <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=DJI&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(INDEX:DJI)<\/a><\/strong>: 33,312.07<\/li>\n<li><strong>NASDAQ <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=COMP&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(NASDAQ:COMP)<\/a><\/strong>: 13,960.04<\/li>\n<li><strong>U.S. Dollar <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=DX&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(ICE:DX)<\/a><\/strong>: 91.51<\/li>\n<li><strong>Gold <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=GC.Q21&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:GC.Q21)<\/a><\/strong>: 1,796.30<\/li>\n<li><strong>Crude Oil <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=CL.Q21&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(NYMEX:CL.Q21)<\/a><\/strong>: 71.62<\/li>\n<li><strong>Bitcoin <a href=\"https:\/\/club.ino.com\/trend\/?v=stock&s=BITSTAMPUSD&mktcode=TradersBlogTA\" target=\"_blank\" rel=\"noopener noreferrer\">(BITCOIN:BITSTAMPUSD)<\/a><\/strong>: 36,623.79<\/li>\n<\/ul>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"https:\/\/www.ino.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">INO.com <\/a>and <a href=\"https:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\" rel=\"noopener noreferrer\">MarketClub.com <\/a> <\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The DOW rose 448.23 points or +1.30%, to a record close of 34,870.16 on Friday, a day after losing 259.86 points. The S&#038;P 500 gained +1.13%, closing at an all-time high of 4,369.55, and the NASDAQ rose +0.98% to close at a record of 14,701.92. Friday's comeback brought all three major averages into green territory [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":54879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[14379,6249,6320,6319],"class_list":["post-54876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-videos","tag-bitcoin-bitstampusd","tag-dow-indexdji","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DOW Bounces Back To Set Record Close - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"The DOW rose 448.23 points or +1.30%, to set a new record close of 34,870.16 on Friday, a day after losing 259.86 points.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2021\/07\/dow-bounces-back-to-set-record-close\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOW Bounces Back To Set Record Close - 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