The Dow is going to suffer a nasty fall, when the FOMC ( US Federal Reserve ) announces their interest rate cut at 2 am ( SG time ) tonite. Expecting a hawkish outlook from Fed Chairman and a resumption of tradewar tweets from Trump after this rate cut. So enjoy the fireworks tonight .
Just one more thing , after the impending Dow crash tonight , for encore, one can do well to buy DBS when it opens gap down tomorrow morning for a quick morning bounce to supply zone , say 26.80 to sell or short if you have forgotten to short the previous round as per last post just before earnings.
We are poised for another big fall from there to June lows as per last post on DBS peaking
:
https://finchartsniper.blogspot.com/2019/07/dbs-earnings-next-week-what-to-do.html
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