The Dow Jones 30 went back and forth during the course of the week in a rather tight trading. With this being the case, looks as if the 18,000 level will
The Dow Jones 30 went back and forth during the course of the week in a rather tight trading. With this being the case, looks as if the 18,000 level will continue to be the floor in this market and I think that short-term traders will probably come in and pick this market up every time they can. I think eventually we do break out to the upside and therefore have no interest whatsoever in selling. Given enough time, I think the target is probably 20,000 above.
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.
