Instrument: US100+
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 13116.05 with take profit at 13136.26
Bearish Preference:
A sell position is envisaged if the price trades below price 13039.72 with take profit at 13018.02
Fundamentals:
No major Fundamentals
Comment:
U.S. stock futures pointed to a lower open on Wall Street on Wednesday as investors weighed mixed earnings reports from some major companies, while persistent concerns over the Federal Reserve’s rate hike path also weighed.
Analysis: SCRUM Team