Instrument: US30
Bullish Preference:
A buy position is envisaged if the price trades above 34497 with take profit at 34541.
Bearish Preference:
A sell position is envisaged if the price trades below 34399 with take profit at 34357.
Fundamentals:
1:30pm
USD Unemployment Claims
USD Core Durable Goods Orders m/m
USD Durable Goods Orders m/m
USD All Day Jackson Hole Symposium
Comment:
Nvidia delivers quarterly earnings that smash expectations as the chipmaker and AI darling proclaims that computing has entered a “new era.” The results push Nvidia shares higher in premarket trading. Meanwhile, a yearly gathering of central bankers in Jackson Hole, Wyoming is set to begin, with investors focused on comments from Federal Reserve Chair Jerome Powell on Friday.
Analysis: SCRUM Team