The Dow Jones 30 went back and forth during the course of the session on Monday, as we continue to struggle just below the 17,900 level. With that, we
The Dow Jones 30 went back and forth during the course of the session on Monday, as we continue to struggle just below the 17,900 level. With that, we believe it’s only a matter of time for we break out to the upside but we recognize that the 18,000 level is a bit of a psychological barrier. Once we get above there, this market is free to go much higher, and we still believe that the market has a longer-term target of 20,000 but recognize that it will take significant time to get there.
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.
