The Dow Jones 30 went back and forth during the day on Wednesday, as we continue to see quite a bit of volatility. There is a significant amount of
The Dow Jones 30 went back and forth during the day on Wednesday, as we continue to see quite a bit of volatility. There is a significant amount of support at the 19,800 level just below, and of course that should continue to bring buyers involved. If we bounce from here, the market should then reach towards the 20,000 level above. A break above the 20,000 level continues the longer-term uptrend, and thus it’s likely that the market will continue to go even higher. Pullbacks continue to offer buying opportunities going forward.
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.
