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Daily Market Analysis 03.08.2022: US100

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Instrument: US100

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 13019.32 with take profit at 13051.24
Bearish Preference: 
Sell position is envisaged if price trades  below 12934.56  with take profit at  12897.65
Fundamentals:
3:00pm     USD ISM Services PMI

Comment: 
PayPal Holdings Inc (NASDAQ:PYPL) reported on second quarter earnings that beat analysts’ forecasts and revenue that topped expectations. PayPal Holdings Inc announced earnings per share of $0.93 on revenue of $6.81B. Analysts polled by Investing.com anticipated EPS of $0.8683 on revenue of $6.77B.

Analysis: SCRUM Team

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