The Dow Jones 30 fell slightly on Monday after initially trying to go higher. I think a pullback is necessary in order to find enough buyers below to push
The Dow Jones 30 fell slightly on Monday after initially trying to go higher. I think a pullback is necessary in order to find enough buyers below to push this market much higher. Ultimately, I think we go a lot higher than we find ourselves at the moment, but we need to pick up more buying traders along the way. I still believe that we go to the 20,000 handle, but we may have gotten a little bit ahead of ourselves after the election of Donald Trump. With this, I remain patiently optimistic.
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.
