The Dow Jones 30 initially fell during the course of the session on Wednesday, but found enough support above the 18,000 level to turn things around and
The Dow Jones 30 initially fell during the course of the session on Wednesday, but found enough support above the 18,000 level to turn things around and form a hammer. I believe this point you can continue to buy the Dow Jones 30 on pullbacks, as it seems that there is quite a bit of buying pressure underneath. I think we will reach towards the 18,400 level, and once we get above there we will continue to go much higher. I have no interest whatsoever in selling this market as it has been so positive.
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.
