Following My Sell Off Prediction at 1981 - 3 Possible Outcomes
1. Break of 1955 support, then a retest of 1955 for a short entry.
2. Touch of the previous support turned resistance at 1970 and a drop to 1955 and a break, retest then further drop to 1900s.
3. Break of 1970, retest of 1980s region once again due to debt ceiling issues, even with a stronger dollar is could be possible.
Risk management as always. Lets see which way this plays out, 1:30pm we should see some indication of direction.
2. Touch of the previous support turned resistance at 1970 and a drop to 1955 and a break, retest then further drop to 1900s.
3. Break of 1970, retest of 1980s region once again due to debt ceiling issues, even with a stronger dollar is could be possible.
Risk management as always. Lets see which way this plays out, 1:30pm we should see some indication of direction.