The Dow Jones 30 did almost nothing during the day on Wednesday, but that’s not much of a surprise considering that the Thanksgiving holiday comes up
The Dow Jones 30 did almost nothing during the day on Wednesday, but that’s not much of a surprise considering that the Thanksgiving holiday comes up today. The markets will of course be silent, but looking at this chart it just suggests that we are going to continue higher and eventually we will break above the 18,000 handle. If we can break above the 18,000 handle, we believe that this market will then reach towards the 20,000 level given enough time. We believe that pullbacks should continue to be buying opportunities, as the 17,700 level should continue to offer support.
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.
