The Dow Jones 30 broke higher during the course of the session on Friday, testing the 17,900 level. This is an area that extends all the way to the 18,000
The Dow Jones 30 broke higher during the course of the session on Friday, testing the 17,900 level. This is an area that extends all the way to the 18,000 level, and as a result it seems as if the market will try to get to the 20,000 level over the longer term, so therefore we look at pullbacks as buying opportunities as well as a break out above the aforementioned 18,000 handle. We have no interest whatsoever in shorting, and believe that stock markets in general will continue to go higher.
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.
