Instrument: US30
Technical Analysis
Bearish Preference:
Sell is envisage if price trades below 31278 with take profit at 31162
Bullish Preference:
Buy is envisaged if price trades above 31421 with take profit at 31518
Fundamentals:
2:30pm USD CPI m/m
Comment: The U.S. reported fewer than 100,000 new cases for the second straight day Monday and hospitalizations continued to fall in the wake of increasing vaccinations across the country. The Biden administration is set to boost the supply of vaccines sent directly to states by 5% over the next week as Pfizer and Moderna increase production.
Analysis : SCRUM Team
