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Instrument: US30
Technical Analysis
Bearish Preference:
Sell is envisage if price trades below 30014 with take profit at 29910.
Bullish Preference:
Buy is envisaged if price trades above 30403 with take profit at 30531.
Fundamentals:
No major fundamentals
Comment: The Dow cut its gains into the close but still ended higher Thursday, driven by mostly bullish quarterly earnings and a rise in cyclicals on expectations the economy is set to rebound strongly.
Investors also monitored volatile trading in shares of small-cap companies such as Gamestop, which later saw a halt to trading from brokerages, drawing the attention of lawmakers in Washington.
Analysis: SCRUM Team
