Article1994

Are there psychological barriers in the Dow-Jones index?

67 citations0/0 files storedApplied Financial Economics

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Financial Markets and Investment Strategies Financial Analysis and Corporate Governance Stock Market Forecasting Methods

Abstract

The popular press attaches particular significance to certain numerical values of the Dow-Jones index. These magic numbers are referred to as ‘resistance levels’ or ‘psychological barriers’. In this note we examine 41 years of closing values of the Dow-Jones index to see if it is useful for predicting future stock market returns.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 67 citations exist upstream.

Cited by

2005Clustering and psychological barriers in exchange rates 1999Evidence of psychological barriers in the conditional moments of major world stock indices 2016Looking for Psychological Barriers in nine European Stock Market Indices 2016Mind the gap: Psychological barriers in gold and silver prices

Imported from OpenAlex (CC0) — nothing here is generated.