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Daily Market Analysis 08.03.2022: US100

Instrument: US100

Technical Analysis

Bullish Preference:  
A Buy position is envisaged if price trades above 13503.16 with take profit at 13585.95.
Bearish Preference: 
A Sell position is envisaged if price trades below 13222.27 with take profit at 13153.89
Fundamentals:
No major Fundamental 

Comment: 
World stocks held at a one-year low on Tuesday, while gold climbed above the key $2,000 level, as the prospect of a ban on Russian oil imports pushed up oil prices and raised concerns of soaring inflation and slowing economic growth.

Analysis: SCRUM Team

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