Dow Jones Drives to All-Time-Highs to Kick-Off Q4

Dow Jones Talking Points:

– Enthusiasm continues to show in the US equity space as the Dow Jones Industrial Average has punched up to fresh all-time-highs in the first days of the fresh quarter. This continues a winning streak that goes back to the open of Q3 when the index was testing support at the 24k level. At this point, we’ve seen a 12.4% gain in the index from the June swing lows; a remarkable run from a number of vantage points.

– The concern continues to be one of positioning, as prices are fairly far away from any nearby support swings, complicating risk management for short-term approaches. What does remain as a workable option is a pullback to support at those prior all-time-highs, which could soon open the door for strategies of topside continuation.

– DailyFX Forecasts on a variety of currencies such as the US Dollar or the Euro are available from the DailyFX Trading Guides page. If you’re looking to improve your trading approach, check out Traits of Successful Traders. And if you’re looking

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