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Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 12104.38 with take profit at 12121.29
Bearish Preference:
A Sell position is envisaged if the price trades below 12050.42 with take profit at 12036.72
Fundamentals:
2:30pm USD Core PCE Price Index m/m
Comment:
World shares limped toward their biggest weekly fall of the year on Friday, though investors took heart from a dip in government bond yields as the incoming Bank of Japan chief ruled out an early end to its super-easy monetary policy.
Analysis: SCRUM Team
