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Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 16259.83 with take profit at 16286.84.
Bearish Preference:
A Sell position is envisaged if price trades below price 16175.45 with take profit at 16149.55.
Fundamentals:
U.S ZONE: Pending Home Sales m/m (4PM)
Comment: Black Friday took on a new meaning on Friday as risk markets across the globe slump on fears that a newly-identified Covid-19 variant may force countries to re-introduce new vaccination restrictions or lockdowns.
Analysis: SCRUM Team
