The Dow Jones 30 fell during the course of the week, especially during the Friday session. With this being the case, looks as if we are going to try to
The Dow Jones 30 fell during the course of the week, especially during the Friday session. With this being the case, looks as if we are going to try to grind a bit lower but I see so much in the way of support underneath that I’m not overly interested in selling. Quite frankly, if we get some type of support candle I believe that the buyers will return. After all, volume is very light at this point in the year, so when the longer-term money comes back into the market, I am more than willing to buy on signs of support and impulsivity to the upside.
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.
