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Instrument: US100+
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 11574.10 with take profit at 11608.65
Bearish Preference:
Sell position is envisaged if price trades below 11497.39 with take profit at 11469.58
Fundamentals:
No major fundamental
Comment:
U.S. stocks are seen opening lower Wednesday, with the tech sector particularly hard hit after disappointing results from Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT), representing a weak start to the Big Tech earnings week.
Analysis: SCRUM Team
