The Dow Jones 30 fell slightly on Monday after initially trying to go higher. I think a pullback is necessary in order to find enough buyers below to push
The Dow Jones 30 fell slightly on Monday after initially trying to go higher. I think a pullback is necessary in order to find enough buyers below to push this market much higher. Ultimately, I think we go a lot higher than we find ourselves at the moment, but we need to pick up more buying traders along the way. I still believe that we go to the 20,000 handle, but we may have gotten a little bit ahead of ourselves after the election of Donald Trump. With this, I remain patiently optimistic.
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.
