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Daily Market Analysis 28|05|2021: US100

Instrument: US100

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 13741.42 with take profit at 13763.97.
Bearish Preference: 
Sell position is envisaged if price trades below 13674.45 with take profit at 13651.21.
Fundamentals:
1:30pm    USD     Core PCE Price Index m/m
2:45pm    USD     Chicago PMI

Comment: U.S. stock indexes were indicated higher Friday morning, in the final trading session of the week and month. A number of updates on the health of the American economy were expected, including a report on the Fed’s preferred measure of inflation.

Analysis: SCRUM Team

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