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Instrument: US30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 33768 with take profit at 33789.
Bearish Preference:
Sell position is envisaged if price trades below 33700 with take profit at 33675.
Fundamentals:
2:30pm USD: Empire State Manufacturing Index
Comment:
Wall Street’s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week’s big stock market rally.
Analysis: SCRUM Team
