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crownclubfx

US30 POSITIVE - DEBT CEILING OUTCOME

Long
Dow Jones Industrial Average Index (BLACKBULL:US30)  
crownclubfx  
BLACKBULL:US30   Dow Jones Industrial Average Index
Trend Analysis Fundamental Analysis Chart Patterns US30 US WALL ST 30 dowjones debtcrisis debtceiling
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trendanalysis fundamental chartpattern us30 us30usd dowjones debtcrisis debtceiling
Overall on Indics we have seen price range, investor and banks are waiting to hear what the USA will do on the debt ceiling crisis.
As we have previously seen that with positive news on the debt ceiling the markets will rise, and with negative news on the debt ceiling markets will drop ( potentially 45% based off analysts at JP Morgan)

If we get positive news on the debt ceiling I am seeing this potential swing trade happen - also an inverse H&S on the daily timeframe. If news is negative then we will most likely see price drop, retesting the head support and potentially dropping even more.

If you like my ideas please like and share, support on our Dserver ill be much appreciated!
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