The Dow Jones as you can see bounced off of the 17,200 level during the session on Thursday, as we continue to meander around in this general vicinity
The Dow Jones as you can see bounced off of the 17,200 level during the session on Thursday, as we continue to meander around in this general vicinity between 17,000 on the bottom, and 18,000 on the top. Because of this, we feel that the market is going to go higher from here, but it could be a bit choppy. Keep in mind that we are range bound, so that tends to make for choppy markets but ultimately we feel that this market is going to continue to rise from here, at least for the short-term.
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.
