The Dow Jones 30 went back and forth during the course of the week in a rather tight trading. With this being the case, looks as if the 18,000 level will
The Dow Jones 30 went back and forth during the course of the week in a rather tight trading. With this being the case, looks as if the 18,000 level will continue to be the floor in this market and I think that short-term traders will probably come in and pick this market up every time they can. I think eventually we do break out to the upside and therefore have no interest whatsoever in selling. Given enough time, I think the target is probably 20,000 above.
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.
