Intraday: Bullish
Technical Analysis
Preference:
A Buy is in order if prices trade above 26135 with take profit at 26591.
Alternative scenario:
Sell is in order if price trades below 25889 with take profit at 25373.
Fundamentals:
1:30PM USD Core Retail Sales m/m
3:00PM Fed Chair Powell Testifies
Comment: Stocks has been on a upward move this week and they look to go higher. Technically, on the D1 we see that the instrument closed above the 200EMA and its heading upwards, a buy would be advised.
Analysis: SCRUM Team