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Daily Market Analysis 24|02|2021: US30

Instrument: US30

Technical Analysis

Bearish Preference: Sell is envisage if price trades below 31327 with take profit at 31251.
Bullish Preference: Buy is envisaged if price trades above 31473 with take profit at 31565.
Fundamentals:
4:00pm USD Fed Chair Powell Testifies

Comment: Stocks managed a powerful recovery in the final hour of trade on comments made by Federal Reserve Jerome Powell Chairman in testimony in front of the Senate Banking Committee.

Analysis: SCRUM Team

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