The Dow Jones 30 initially fell on Friday, but then turned around to form a very bullish candle. A break above the 20,000 handle should send the market
The Dow Jones 30 initially fell on Friday, but then turned around to form a very bullish candle. A break above the 20,000 handle should send the market into the next leg higher, and it appears that we are trying to do that during the Friday session. On a daily close above that level, the Dow Jones 30 is a screaming buy at that point. Ultimately, this is a market that should continue to see buyers return repeatedly, as the market should continue much higher. Longer-term traders have already piled a ton of money into the markets.
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.
