Skip to content 
Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 10881.25 with take profit at 10935.40
Bearish Preference:
Sell position is envisaged if price trades below 10767.35 with take profit at 10706.88
Fundamentals:
1:30pm USD CPI
USD Core CPI
USD Unemployment Claims
Comment:
Bank of America’s (NYSE:BAC) clients were big net buyers of U.S. equities last week ($6.1 billion), which marks the third largest inflow in their data history since 2008 and the fifth consecutive week of inflows. For BofA’s equity strategists, the recent flows suggest more volatility is likely ahead.
Analysis: SCRUM Team
