decentshaw

US30- Likely to cheer interest rate pause

Long
BLACKBULL:US30   Dow Jones Industrial Average Index
US30: The Price dropped off sharply on breaking of rising wedge on Friday. I have all the plans and desires to catch the move but courtesy i could not because i was managing Gold bizarre movements.

Anyway, US30 is at support and i see good potential upside. This is backed by no interest hike coming in Sep (Wed - Fomc) .

I think Stock market will cheer it for a while. Good Luck. Price action as per chart
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