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Dow Jones is leading and what is next?

By Wong Kon How

The tech stocks are in a slump, therefore investors are going back to the traditional stocks, resulting in Dow Jones’ rally in the past two months.

What is next? Why is the short-term likely to be heading up and long-term is still down?

The real danger will be with the continuous rise in interest rates and yet the dollar starts weakening, just like the pound. The dollar is trading lower in the past weeks, I am keeping watch on this closely. However, it is not all bad news, we can invest differently…

Through the study of its development and follow-by its price behaviours, our weekly case study spotted the peak of the dollar during the close of September.

Following a case study down on Dollar Index on 03 Oct 22:

Join us in our weekly case study.

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