How far can we see Dow Jones Drop? 15000?
On market open Dow jones was trading around the 18000 level. It seems the coronavirus is really taking its effect. If we can see a drop into the 15000 level where the lows of 2015 are this will have erased 5 years of growth in simply weeks. Crazy movement we are seeing the past few weeks. If anyone is not familiar with dow jones it is an index containing 30 stock market companies in the United States. Index trading can be very volatile especially now but if we do see a pull back to the 15000 level i will be entering a long position as it is a great opportunity for the recovery period of the corona virus.
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