The Dow Jones 30 fell slightly during the course of the session on Wednesday, as the 18,000 level offered quite a bit of resistance. We believe that this
The Dow Jones 30 fell slightly during the course of the session on Wednesday, as the 18,000 level offered quite a bit of resistance. We believe that this pullback should attract buyers oh based upon the fact that there should be value, and with this we are buying supportive candles as they appear. We also recognize that the 17,500 level should be massively supportive, as we had an impulsive candle stop at that level, and that should continue to attract buyers. Ultimately, we have no interest in selling this market at this point in time.
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.
