The Dow Jones 30 broke higher during the course of the session on Monday, making a fresh, new high. Because of this, the market looks as if it is ready to
The Dow Jones 30 broke higher during the course of the session on Monday, making a fresh, new high. Because of this, the market looks as if it is ready to go much higher, and I still believe that the Dow Jones 30 will reach towards the 20,000 handle. Any pullback at this point in time, I believe we will find buyers that inner this market and form a bit of a supportive candle. With this, I have no interest whatsoever in selling this market, and with that being the case, I believe that the 18,200 level is essentially the “floor” in this market.
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.
