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Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15978.49 with take profit at 16029.97.
Bearish Preference:
Sell position is envisaged if price trades below 15840.50 with take profit at 15801.37.
Fundamentals:
2:30pm USD Core Retail Sales m/m
USD Retail Sales m/m
8:00pm USD FOMC Economic Projections
Comment: U.S. stock futures traded mixed on Wednesday, with signs that technology stocks will come under pressure again as markets await a decision by the Federal Open Market Committee later. Retail sales and other data is also ahead.
Analysis: SCRUM Team
