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Dow Jones 30 Forecast December 20, 2016, Technical Analysis

By:
Christopher Lewis
Published: Dec 20, 2016, 04:12 GMT+00:00

The Dow Jones 30 did very little on the session for Monday, and as a result it looks as if the Wii will probably have a relatively quiet couple of

Dow Jones 30 daily chart, December 20, 2016

The Dow Jones 30 did very little on the session for Monday, and as a result it looks as if the Wii will probably have a relatively quiet couple of sessions ahead of the Christmas holiday, but if we did get a bit of a pullback, that should be a nice buying opportunity. I believe that the market eventually reaches towards the 20,000 level, and then possibly higher than that. However, this time of year tends to be very quiet in general so I am not expecting a massive move in either direction anytime soon.

About the Author

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.

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