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Daily Market Analysis 03/09/2021: US100

Instrument: US100

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 15639.34 with take profit at 15652.37.
Bearish Preference: 
Sell position is envisaged if price trades below 15601.05 with take profit at 15587.61.
Fundamentals:
1:30pm    USD    Average Hourly Earnings m/m
                USD    Non-Farm Employment Change
                USD    Unemployment Rate
3:00pm    USD    ISM Services PMI

Comment: U.S. stock futures were mildly higher in early morning trading on Friday as investors geared up for August’s jobs report. Dow futures rose 57 points. S&P 500 futures and Nasdaq 100 futures both traded higher by roughly 0.2%.

Analysis: SCRUM Team

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