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Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14836.37 with take profit at 14854.79.
Bearish Preference:
Sell position is envisaged if price trades below 14785.90 with take profit at 14765.67.
Fundamentals:
1:30 PM USD Core retail Sales
USD Retail Sales
3:00PM USD Prelim UoM Consumer Sentiment
Comment: U.S. stocks ended mostly lower Thursday, with the S&P 500 and Nasdaq Composite finishing down on the session as investors weighed mostly upbeat U.S. economic data, corporate earnings and a second day of testimony by Federal Reserve Chairman Jerome Powell. The Nasdaq Composite Index closed off 0.7% at around 14,543, marking the third straight decline, its longest losing skid since a similar period ended May 19
Analysis: Scrum Team
