The Dow Jones 30 initially tried to break higher during the day on Monday, but given back some of the gains as we struggled a bit. However, I believe
The Dow Jones 30 initially tried to break higher during the day on Monday, but given back some of the gains as we struggled a bit. However, I believe there is more than enough support just below to continue to push this market higher. I think that the 18000 level below continues to be the “floor, but it appears that there is quite a bit of resistance at the 18,400 level. Pullbacks should be buying opportunities but you’re going to have to be able to deal with quite a bit of volatility in the meantime.
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.
