Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 13999.62 with take profit at 14058.93.
Bearish Preference:
A Sell position is envisaged if price trades below 13846.67 with take profit at 13790.49.
Fundamentals:
2:30pm USD Core PCE Price Index m/m
Comment:
Asia Pacific stocks were up on Friday morning, while U.S. equity futures wavered. However, investors continue to calculate the economic and monetary-policy impact of Thursday’s Russian invasion of Ukraine and the Western sanctions on Russia that followed.
Analysis: SCRUM Team
