The Dow Jones 30 fell significantly during the course of the day on Monday, as we continue to consolidate overall. I believe there is quite a bit of
The Dow Jones 30 fell significantly during the course of the day on Monday, as we continue to consolidate overall. I believe there is quite a bit of support down at the 18,000 handle, so any type of bounce would be a nice buying opportunity as far as I’m concerned, as we continue to go back between the 18,000 and the 18,400 levels. Ultimately, I do believe that we break out to the upside, but we are not ready to do so quite yet this far as I can see 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.
