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Instrument: US2000
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1846.6 with take profit at 1850.5
Bearish Preference:
Sell position is envisaged if price trades below 1834.4 with take profit at 1827.4
Fundamentals:
4pm USD CB Consumer Confidence
Comment:
Shares of Apple Inc fell 1.4% on Monday as growing worker unrest at the world’s biggest iPhone factory in China fanned worries of a deeper hit to the already constrained production of higher-end iPhone 14 models. Reuters reported on Friday that the Foxconn-operated plant could see a further drop in November shipments as thousands of employees quit amid discontent over strict COVID-19 restrictions to curb rising infections in China.
Analysis: SCRUM Team
