Instrument: US30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 33729 with take profit at 33782
Bearish Preference:
Sell position is envisaged if price trades below 33545 with take profit at 33490
Fundamentals:
1:30pm USD Core PCE Price Index m/m
Comment:
Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten-down technology and growth stocks and offset worries about the U.S. economy’s contraction in the first quarter.
Analysis: SCRUM Team