The Dow Jones Industrial Average has never hit $20,000. It came really close last week and speculation is running high that this milestone will be hit. So, will it? Will the market pass the Dow $20k mark? I have no idea. But here is what I do know; whether or not the market hits Dow $20K, we have been in a Bull market for a very long time and all Bull markets correct, eventually. Will it happen this year, or in the next few months? I’m not sure. But I still believe, and technical analysis shows, that we will have a pretty significant correction, before too much more time passes.
Dean Jenkins is the founder of FollowMeTrades.com. He has over 20 years of investing and trading experience and makes his living both day-trading futures and position trading equities and options. He is TradersCoach.com’s “Head Coach” for their one-on-one coaching division and consults with traders all around the globe helping them reach their financial goals.
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