The Dow Jones 30 went back and forth during the course of the session on Monday, as we continue to see quite a bit of choppiness in that general vicinity
The Dow Jones 30 went back and forth during the course of the session on Monday, as we continue to see quite a bit of choppiness in that general vicinity that the market trades and now. With this being the case, it looks likely that the 18,000 level will continue to be massively supportive, so with that being the case I think pullbacks will be buying opportunities for short-term moves. On the other hand, the 18,400 level above being broken would be very bullish as well. I 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.