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Daily Market Analysis 28|04|2021: US100

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Instrument: US100

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 13958.00 with take profit at 13973.00.
Bearish Preference: 
Sell position is envisaged if price trades below 13915.60 with take profit at 13904.60.
Fundamentals:
7:00pm  USD FOMC Statement 

Comment:  Corporate results for the first quarter were in the spotlight as one of the busiest weeks of the earnings reporting season got underway, with electric car maker Tesla Inc. TSLA, delivering its report late Monday afternoon. Investors will be awaiting the Feds decision later today for further direction in the market.

Analysis: SCRUM Team

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