The Dow Jones 30 fell slightly during the session on Tuesday, but found enough support at the 19,800 level. When it up forming a hammer, which suggests
The Dow Jones 30 fell slightly during the session on Tuesday, but found enough support at the 19,800 level. When it up forming a hammer, which suggests that the buyers are ready to continue to press and try to break out above the 20,000 handle. Once we get above there, the market should continue to a much higher, as the longer-term trend continues to show quite a bit of bullish pressure. I have no interest in selling this market, it is simply far too strong to keep the buyers from taking over again.
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.
