The Dow Jones 30 fell slightly during the course of the day on Monday, as the 18000 level below continues offer quite a bit of support. I believe it’s
The Dow Jones 30 fell slightly during the course of the day on Monday, as the 18000 level below continues offer quite a bit of support. I believe it’s only a matter time before we get a supportive candle and more importantly a bounce that we can take advantage of in order to continue the longer-term trend to the upside. I believe that eventually the Dow Jones 30 will target the 20,000 handle, but obviously has a lot of work to do to get above the above resistance that the market has been dealing with.
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.
