Alright so I know that this site is all TA. BUT news and events are major factors as well. So First, the graph shows an upward trend.The alligator is becoming bullish and so is the awesome oscillator. So I WOULD say go LONG. HOWEVER the midterms are closing in! And I do not care about your beliefs only the results. If the democrats win, then they are gonna obstruct the Trump admin and the republicans. SO EXPECT A DROP IF THE DEMOCRATS WIN. If the republicans HOLD THE MAJORITY, then expect that the CURRENT FORECAST for the DJI is BULLISH.
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Share what you think. Long or Short?
Please provide feedback!
Don't forget to like if you liked this! :D