Dow Jones 30 Forecast October 6, 2014, Technical Analysis

Updated : Aug 24, 2015, 22:00 UTC1min read
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The Dow Jones 30 broke the top of the hammer from the Thursday session during the Friday session after a better than anticipated jobs numbers came out of the US. With that, the market should continue to go higher, but since we are getting close to a significantly noisy area,
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The Dow Jones 30 broke the top of the hammer from the Thursday session during the Friday session after a better than anticipated jobs numbers came out of the US. With that, the market should continue to go higher, but since we are getting close to a significantly noisy area, it is likely that pullbacks will continue to occur. Those pullbacks should be buying opportunities, as we continue to see this market go much, much higher. Ultimately, we have no interest whatsoever in selling this market, as the US stock markets in general are so strong.

 

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