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Instrument: US30
Intraday: BEARISH
Technical Analysis
Preference:
Sell position is envisaged if price trades below 26882 with take profit at 26700
Alternative scenario:
Buy position is envisaged if price trades above 27075 with take profit at key level 27196
Fundamentals:
3:30pm USD Fed Chair Powell Testifies
Comment: US stock markets continued falling on Monday as investors worried Congress would not agree to more stimulus cash before the election and reacted to an uptick in coronavirus infections closest resistance.
Analysis: SCRUM Team
