The Dow Jones 30 initially trying to rally on Tuesday, but struggled break above the 20,000 handle. Because of this, I think we may need to pull back
The Dow Jones 30 initially trying to rally on Tuesday, but struggled break above the 20,000 handle. Because of this, I think we may need to pull back several times in order to build up enough momentum to go higher. Once we close above the 20,000 level on a daily close, the market should continue to go much higher. I have no understand selling, and I believe that the support below continues to be a major it influence in this market. Because of this, on supportive pullbacks, I’m willing to start buying their as well.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
