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Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15172.46 with take profit at 15189.56.
Bearish Preference:
Sell position is envisaged if price trades below 15126.57 with take profit at 15113.95.
Fundamentals:
1:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
Comment: Stock index futures are mixed as investors wait for the latest data from the labor market. Today’s employment data is full of cautions. People are not spending in a seasonal pattern, so firms are not hiring in a seasonal pattern, so data is adjusting for a seasonality that does not exist.
Analysis: SCRUM Team
