Skip to content 
Instrument: US.30
Intraday: Bearish
Technical Analysis
Preference:
Sell position is envisaged if price trades below 24969 with take profit at key level 24705.
Alternative scenario:
Buy if price trades above 25462 with take profit at 25770.
Fundamentals:
No major economic data with direct bearing to this index
Comment: This index prior to today was ranging at a strong key level, however, it broke past the support level and has been declining ever since; furthermore, the mixed sentiment in the market and the spike in new COVID cases is putting more fears into investors decisions, hence, a bearish move is supported on US30
Analysis: SCRUM Team
