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Instrument: US100
Bullish Preference:
Buy position is envisaged if price trades above 14696.16 with take profit at 14711.38.
Bearish Preference:
Sell position is envisaged if price trades below 14671.80 with take profit at 14656.20.
Fundamentals:
1:30pm
USD Final GDP q/q
USD Unemployment Claims
9:00pm
USD Fed Chair Powell Speaks
Comment:
Weighing on sentiment has been a jump in the U.S. 10-year Treasury yield, which touched a level not seen since 2007 in the prior session. Yields typically rise as prices decrease.
Analysis: SCRUM Team
