Dow Futures Going up in Overseas Trading

[william the wie]

The justifications given boil down to the markets getting ahead of themselves. The consensus advice is to buy the dips. That works out so well so often.

 

[BuckToothMoron]

I believe we’ve only seen the first wave down. I think the DJIA sees 17,000 before it sees 27,000.

 

[Weatherman2020]

The market saw the rising interest rates and reacted with a yawn because it had anticipated it and had already corrected.
But next 6 weeks or so will continue to be a roller coaster as the market begins making corrections.

 

[william the wie]

The market saw the rising interest rates and reacted with a yawn because it had anticipated it and had already corrected.
But next 6 weeks or so will continue to be a roller coaster as the market begins making corrections.

If the 24,000 resistance level holds in the normal post April 15 dip then you are likely right. If not then I suspect BTM would be closer to the mark.