The Dow Jones 30 fell during the course of the week, especially during the Friday session. With this being the case, looks as if we are going to try to
The Dow Jones 30 fell during the course of the week, especially during the Friday session. With this being the case, looks as if we are going to try to grind a bit lower but I see so much in the way of support underneath that I’m not overly interested in selling. Quite frankly, if we get some type of support candle I believe that the buyers will return. After all, volume is very light at this point in the year, so when the longer-term money comes back into the market, I am more than willing to buy on signs of support and impulsivity to the upside.
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.
