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Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 13615.6 with take profit at 13642.4
Bearish Preference:
Sell position is envisaged if price trades below 13487.8 with take profit at 13457.1
Fundamentals:
No Major fundamentals
Comment:
U.S. stocks are seen opening lower Monday, continuing the recent selloff ahead of the release of the latest consumer inflation data which could see the Federal Reserve continuing its aggressive monetary policy tightening.
Analysis: SCRUM Team
