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Daily Market Analysis 12/11/2021: US100

Instrument: US100

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 16082.67 with take profit at 16099.82
Bearish Preference: 
Sell position is envisaged if price trades below 16028.41 with take profit at 16012.47
Fundamentals:
4pm USD JOLTS Job Openings
USD Prelim UoM Consumers Sentiments

Comment: Stock futures moved slightly higher early Friday morning as Wall Street looked to end the week on a positive note after a historic inflation report.After a busy week of earnings and economic data releases, Friday is relatively light for investors. The preliminary read for November consumer sentiment and the September report on job openings and labor turnover will be released Friday morning.

Analysis: SCRUM Team

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