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Instrument: US30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 33727 with take profit at 33790
Bearish Preference:
Sell position is envisaged if price trades below 33571 with take profit at 33503
Fundamentals:
No major Fundamentals
Comment:
U.S. stock futures were trading flat during Tuesday’s evening deals, after major benchmark averages extended declines during regular hours as prospects of higher interest rates and weakening economic data sapped risk appetite. Ahead in Wednesday’s session, investors will be looking toward MBA mortgage applications as well as preliminary nonfarm productivity and unit labor cost readings.
Analysis: SCRUM Team
