Skip to content 
Instrument: US30
Intraday: Bullish
Technical Analysis
Preference:
Buy position is envisaged if price trades above 28499 with take profit at key level 28562
Alternative scenario:
Sell if price trades below 28216 with take profit at 28077
Fundamentals:
USD CB Consumer Confidence 3PM
Comment: US Stocks has been on the upside for some days now and we can attribute that to the low interest rates and US Feds buying back bad securities in the market, in order to keep the US stock market afloat post COVID era. Today a news that the trade talks with the Chinese government has been making some progress would further look to boost stocks more hence the bullish speculation.
Analysis: SCRUM Team
