Instrument: US100
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 13312.45 with take profit at 13324.92.
Bearish Preference:
A sell position is envisaged if the price trades below 13285.92 with take profit at 13271.82.
Fundamentals:
3:00pm USD JOLTS Job Openings
Comment:
U.S. stocks are seen opening in a subdued fashion Tuesday, with investors awaiting the start of the Federal Reserve two-day policy meeting as well as the release of more jobs data and corporate earnings. Nasdaq 100 futures climbed 7 points, or 0.1%. The main indices closed largely unchanged Monday, as the news that JPMorgan Chase (NYSE:JPM) had agreed to buy the deposits and most of the assets of First Republic Bank (NYSE:FRC) calmed a lot of the nerves surrounding the sector after a tense weekend.
Source: investing.com