Instrument: US100
Bullish Preference:
A Buy position is envisaged if the price trades above 14973.53 with take profit at 15049.47
Bearish Preference:
A Sell position is envisaged if the price trades below 14770.30 with take profit at 14659.19
Fundamentals:
1:30pm US Unemployment Claims
3:00pm US Factory Order m/m
Comment:
Following the recent Fed decision, the spotlight now shifts to Apple (NASDAQ:AAPL) as the tech giant gears up to release its earnings report after the market closes today. This highly anticipated report is poised to be one of the most significant ones in this earnings season.
This release occurs in a backdrop where several technology giants, including Meta Platforms (NASDAQ:META), Amazon. com (NASDAQ:AMZN), Microsoft Corporation (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL), have recently unveiled better-than-expected financial results. However, in some instances, these favorable figures did not translate into immediate stock price gains.
Analysis: SCRUM Team