The Dow Jones 30 initially tried to break higher during the day on Monday, but given back some of the gains as we struggled a bit. However, I believe
The Dow Jones 30 initially tried to break higher during the day on Monday, but given back some of the gains as we struggled a bit. However, I believe there is more than enough support just below to continue to push this market higher. I think that the 18000 level below continues to be the “floor, but it appears that there is quite a bit of resistance at the 18,400 level. Pullbacks should be buying opportunities but you’re going to have to be able to deal with quite a bit of volatility in the meantime.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
