J jeb9999 Apr 30, 2012 #21 Quote from stoic: The DJIA is calculated by adding up the last price of each component then divide by 0.1321749 More... Don't know where you got that divisor, but the correct one is 0.132129493. http://online.barrons.com/public/page/9_0210-djhfhravg.html
Quote from stoic: The DJIA is calculated by adding up the last price of each component then divide by 0.1321749 More... Don't know where you got that divisor, but the correct one is 0.132129493. http://online.barrons.com/public/page/9_0210-djhfhravg.html
stoic Apr 30, 2012 #22 Quote from jeb9999: Don't know where you got that divisor, but the correct one is 0.132129493. http://online.barrons.com/public/page/9_0210-djhfhravg.html More... just used a spreadsheet
Quote from jeb9999: Don't know where you got that divisor, but the correct one is 0.132129493. http://online.barrons.com/public/page/9_0210-djhfhravg.html More... just used a spreadsheet
Scataphagos Apr 30, 2012 #23 Quote from NoEmotions: "... DIA daily candle chart is very different then DJIA daily candle chart. Even futures chart is different. More... Dow Jones ETF and futures reflect the real market... non-RTH prices included and therefore gaps. The DJIA reports the opening to be the same as prior day's close... which distorts the candle pattern. Suggestion... forget the DJIA. Look to DIA or DJ futures.
Quote from NoEmotions: "... DIA daily candle chart is very different then DJIA daily candle chart. Even futures chart is different. More... Dow Jones ETF and futures reflect the real market... non-RTH prices included and therefore gaps. The DJIA reports the opening to be the same as prior day's close... which distorts the candle pattern. Suggestion... forget the DJIA. Look to DIA or DJ futures.