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Daily Market Analysis 25/08/2021: US100

Instrument: US100

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 15394.08 with take profit at 15413.46.
Bearish Preference: 
Sell position is envisaged if price trades below 15299.21 with take profit at 15278.07.
Fundamentals:1:30pm USD Core Durable Goods Orders m/m

Comment: Another day, another record. The major averages rose again Tuesday following a broad-based stock rally powered by full approval for Pfizer-BioNTech’s COVID-19 vaccine. Nasdaq hit the 15,000 milestones.

Analysis: SCRUM Team

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