IHS or collapse?
Thoughts 2 outcomes, may be dictated by Congress.
Potential Inverted Head n Shoulders.
Neckline solid black.
Pull back to either of the areas marked red for LeftS.
Any breakout liable to be capped ST by cross resistance (red) and new MT down channel (orange).
Short term bullish bias hints at a break above resistance, to target 26007.
However, failure at neckline retest 18211 on 4hr.
Potential Inverted Head n Shoulders.
Neckline solid black.
Pull back to either of the areas marked red for LeftS.
Any breakout liable to be capped ST by cross resistance (red) and new MT down channel (orange).
Short term bullish bias hints at a break above resistance, to target 26007.
However, failure at neckline retest 18211 on 4hr.
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