Dow Jones Preparing for Another Advance?

Wait 5 sec.

Dow Jones Preparing for Another Advance?Wall Street 30TRADENATION:US30WeTradeWAVESThe Dow Jones has recovered strongly from its recent decline and is now consolidating around 53,500. The projected structure suggests a brief pullback could occur before buyers attempt another advance toward the 54,000 region. The reaction to this week’s U.S. economic releases could decide whether bullish momentum returns. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.