Advertisement
Advertisement

Dow Jones 30 Forecast December 20, 2016, Technical Analysis

By:
Christopher Lewis
Published: Dec 20, 2016, 04:12 UTC

The Dow Jones 30 did very little on the session for Monday, and as a result it looks as if the Wii will probably have a relatively quiet couple of

Dow Jones 30 daily chart, December 20, 2016

The Dow Jones 30 did very little on the session for Monday, and as a result it looks as if the Wii will probably have a relatively quiet couple of sessions ahead of the Christmas holiday, but if we did get a bit of a pullback, that should be a nice buying opportunity. I believe that the market eventually reaches towards the 20,000 level, and then possibly higher than that. However, this time of year tends to be very quiet in general so I am not expecting a massive move in either direction anytime soon.

About the Author

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.

Did you find this article useful?

Advertisement