The Dow Jones 30 rose during the course of the session on Monday, using the 18,400 level as support. With this being the case, I believe that the market
The Dow Jones 30 rose during the course of the session on Monday, using the 18,400 level as support. With this being the case, I believe that the market should continue to go higher and we are simply trying to build up enough momentum. I believe there is more than enough support below to keep this market going higher and as a result I still believe that the Dow Jones 30 is going to reach towards the 20,000 level. Ultimately, this is a market that offers value on pullbacks going forward.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
