Instrument: US100
Bullish Preference:
Buy position is envisaged if price trades above 15237.60 With Take profit at 15279.61
Bearish Preference:
Sell position is envisaged if price trades below 15148.76 with Take profit at 15070.65
Fundamentals:
(Medium Impact News)
1:30pm USD Building Permits
5:00pm USD FOMC Member Waller Speaks
8:15pm USD FOMC Member Harker Speaks
Comment:
All three major U.S. stock wavered throughout the session but the S&P 500 and the Dow closed essentially flat, while interest rate-sensitive megacap stocks weighed on the Nasdaq, which posted a modest loss.
Chip shares came under pressure after President Joe Biden’s administration announced plans to halt shipments to China of more advanced artificial intelligence chips.
Analysis: SCRUM Team