The Dow Jones 30 continued its grind sideways during the session on Wednesday, as we are starting to make a bit of a symmetrical triangle, just as we did
The Dow Jones 30 continued its grind sideways during the session on Wednesday, as we are starting to make a bit of a symmetrical triangle, just as we did in the NASDAQ 100 and the S&P 500. With this, I think that the stock markets in the United States are essentially preparing for the Nonfarm Payroll Numbers coming out tomorrow, but I have to admit that I think there’s more of a bullish bias to all of these indices than anything else. Because of this, I believe that short-term pullbacks will be buying opportunities.
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.
