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Daily Market Analysis 30|03|2021: US30

Instrument: US30

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 33157 with take profit at 33241.
Bearish Preference: 
Sell position is envisaged if price trades below 32899 with take profit at 32827.
Fundamentals:
3:00pm USD CB Consumer Confidence 

Comment:  Us stocks were mixed on Tuesday, this mix is set to continue Tuesday, with the blue-chip Dow benefiting from increased optimism of a swift economic recovery, after a study from the Centers for Disease Control and Prevention showed that the mRNA-based vaccines of Moderna and Pfizer/BioNTech stopped not only infection, but also transmission of Covid-19 90% in 90% of cases.

Analysis: SCRUM Team

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