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Dow trend points as high as 21,000 reckons Zak Mir

Tuesday, November 29, 2016 5:49
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Dow Jones Industrial Average has raced higher following Donald Trump’s US presidential victory but there is more to come reckons Zak Mir, Tip TV’s technical analyst.

Trump so far has been worth 1,000 points to the Dow, sending it to a new record of more than 19,000, but so long as it stays above its previous resistance of 18,000, Mir believes the heights of 21,000 are possible.

All in all, given the seasonality and a Santa rally yet to come, the US’s premier stock market index is still very much on an uptrend says Mir.

Story by ProactiveInvestors


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