Instrument: US100
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 13373.49 with take profit at 13416.63.
Bearish Preference:
A sell position is envisaged if the price trades below 13285.96 with take profit at 13251.67.
Fundamentals:
3:00pm USD ISM Manufacturing PMI
Comment:
U.S. stocks are seen opening largely unchanged Monday, with investors digesting the takeover of First Republic Bank at the start of a week that includes more corporate earnings, a Federal Reserve policy meeting, and the widely-watched monthly jobs report.
Analysis: SCRUM Team