The Dow Jones 30 broke higher during the course of the week, clearing the top of a hammer that had formed on the previous week. Because of this, the
The Dow Jones 30 broke higher during the course of the week, clearing the top of a hammer that had formed on the previous week. Because of this, the markets look as if they are ready to go much higher, and most certainly the buyers are in control yet again that being the case, we feel that this market will have positive momentum going forward and as a result we are buyers. We have no way of selling this market as it obviously has a massive amount of support just below.
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.
