Historical moment for Dow Jones

Jan 26, 2017 at 16:10
374 Views
3 Replies
Member Since Feb 12, 2016   427 posts
Jan 26, 2017 at 16:10
Hey everyone – did someone noticed yesterday the historical moment for Dow Jones? The Dow Jones industrial average broke above 20,000 for the first time, rising about 150 points as Boeing, Goldman Sachs and IBM contributed the most gains.
Do you think that Trump has something in common with this breakthrough?
Accept the loss as experience
Member Since Nov 13, 2015   35 posts
Jan 26, 2017 at 17:07
And it keep going up breaking all-time highs 😄 Good that you started this topic, I will follow it closely as I may consider trading the index at some point in the future. Do you have predictions - will it continue up or reverse back down by the end of the month?
A knight's tale!
Member Since Dec 11, 2015   1487 posts
Jan 27, 2017 at 13:39
I don’t generally trade indices, but it was hard not to notice the rally. Do you think it will keep rising?
Member Since Feb 12, 2016   427 posts
Feb 01, 2017 at 07:28
If you check the chart of Dow Jones on D1 for example – you can see how the index was slowly progressing upwards. My opinion is that it will keep rising slowly and keep breaking the all-time highs. For me it is more interesting how Trump got involved and is he the main reason for that record breaking values. We will see how it goes.
Accept the loss as experience
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.