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Daily Market Analysis 08.04.2022: US100

Instrument: US100

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 14656.70 with take profit at 14696.24
Bearish Preference: 
Sell position is envisaged if price trades below 14510.07 with take profit at 14473.83  
Fundamentals:
No major fundamentals

Comment: 
U.S. stocks are seen opening marginally higher Friday, continuing the previous session’s rebound as investors sought bargains after expectations of aggressive Federal Reserve interest rate increases had weighed.

Analysis: SCRUM Team

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