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Instrument: US30
Technical Analysis
Bullish Preference:
A buy position is envisaged if price trades above price 35415 with take profit at price 35450.
Bearish Preference:
A sell position is envisaged if price trades below price 35365 with take profit at price 35330.
Fundamentals: No major Fundamentals
Comment: U.S. stock futures were flat Tuesday morning amid lingering concerns about the delta variant’s impact on the economic reopening. The losses came after the August jobs report came in short of expectations, highlighting continued concern about the spread of Covid and its delta variant. No economic data is due out Tuesday. Investors will be looking ahead to jobless claims data on Thursday and producer prices on Friday.
Analysis: SCRUM Team
