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Instrument: US30
Intraday: Bullish
Technical Analysis
Preference:
Buy position is envisaged if price trades above 27859 with take profit at key level 28022.
Alternative scenario:
Sell if price trades below 27667 with take profit at 27524.
Fundamentals:
1:30pm USD CPI m/m
USD Core CPI m/m
Comment: U.S. stock futures rose slightly in overnight trading and pointed to gains at the open on Wednesday as President Donald Trump said the U.S. government will purchase 100 million doses of Moderna’s experimental coronavirus vaccine, which is currently in late-stage human trials.
Analysis: SCRUM Team
