Instrument: US100+
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 113150.45 with take profit at 13163.98
Bearish Preference:
A sell position is envisaged if the price trades below price 113123.53 with take profit at 13108.70
Fundamentals:
No high-impact fundamental.
Comment:
Hopes that the Fed will soon end its aggressive monetary policy tightening have helped the main U.S. equity benchmarks stabilize in April after a selloff last month that was triggered by the collapse of two U.S. mid-sized lenders.
Analysis: SCRUM Team