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Daily Market Analysis 14.01.2022: US30

Instrument: US30

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 35862 with take profit at 35913.
Bearish Preference: 
Sell position is envisaged if price trades below 35721 with take profit at 35670.
Fundamentals:
2:30pm USD Retail Sales

Comment: Wall Street futures pointed to a mixed opening in the United States as investor expectations firmed for U.S. rate hikes to begin in March. Asian shares fell after Fed Governor Lael Brainard became the latest and most senior U.S. central banker to indicate that the U.S. Federal Reserve will hike rates in March.

Analysis: SCRUM Team

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