Dow Jones - Continuation Breakout Setup ahead of FOMC
Stocks received a boost from the more positive wave of
headlines relating to a US-China trade deal. This led to a big
push in the equities markets, before things settled down.
Ranges are likely to hold before tonight's FOMC decision.
The trend is up and continuation breaks are favoured
if we get the dovish FOMC that everyone expects.
Trade AFTER the event - not before.
headlines relating to a US-China trade deal. This led to a big
push in the equities markets, before things settled down.
Ranges are likely to hold before tonight's FOMC decision.
The trend is up and continuation breaks are favoured
if we get the dovish FOMC that everyone expects.
Trade AFTER the event - not before.
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