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Daily Market Analysis 15.11.2022: US30

Instrument: US100

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 33726  with take profit at 33814.
Bearish Preference: 
Sell position is envisaged if price trades below 33516 with take profit at 33430.
Fundamentals:
2:30pm    USD    Core Retail Sales                   
USD    Retail Sales m/m

Comment: 
U.S. stock futures were trading lower during Tuesday’s evening deals, after major benchmark indices finished the regular session higher as weaker-than-expected producer price data boosted sentiment ahead of retail sales and further earnings results due later in the week.

Analysis: SCRUM Team

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