Instrument: US30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 34674 with take profit at 34706
Bearish Preference:
Sell position is envisaged if price trades below 34472 with take profit at 34431
Fundamentals:
6:00pm USD Fed Chair Powell Speaks
Comment:
U.S. stocks are seen opening marginally lower Friday, continuing the previous session’s selloff on fears of sharp monetary policy tightening while quarterly corporate earnings continue to emerge.
Analysis: SCRUM Team