The Dow Jones 30 initially fell during the week but broke out above the 20,000 level finally. It now looks as if we are free to go much higher, and I
The Dow Jones 30 initially fell during the week but broke out above the 20,000 level finally. It now looks as if we are free to go much higher, and I believe the pullbacks offer value the people will want to take advantage of. In fact, I believe that the market is in a longer-term “buy-and-hold” type of scenario, and selling isn’t even a thought. In fact, not only is the 20,000-level support, but I think that support now extends all the way down to the 19,750 level.
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.
