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Daily Market Analysis 06.11.2023: US100

Instrument: US100

Bullish Preference: 
Buy position is envisaged if price trades above 15259.17 with take profit at 15346.69
Bearish Preference: 
Sell position is envisaged if price trades  below 15114.23 with take profit at 1503218
Fundamentals:
None with High Impact

Comment: 
Hopes of early rate cuts underpin gains in world shares World shares were heading for a sixth straight session of gains on Monday, helped by last week’s bond rally, as markets priced in earlier rate cuts in the United States and Europe, wagers to be tested by a swarm of central bank speakers this week.

Analysis: SCRUM Team

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