Instrument: US100+
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 11576.95 with take profit at 11594.68
Bearish Preference:
Sell position is envisaged if price trades below 11503.06 with take profit at 11477.94
Fundamentals:
1:15pm USD ADP Non-Farm Employment Change
3:00pm USD ISM Services PMI
Comment:
A bigger-than-expected fall in the number of job openings in August was taken as the latest evidence that the U.S. economy is gradually slowing. The U.S. S&P 500 stock index jumped more than 3% on Tuesday.
Analysis: SCRUM Team