Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 12352.32 with take profit at 12374.83
Bearish Preference:
A Sell position is envisaged if the price trades below 12299.48 with take profit at 12282.51
Fundamentals:
None with High Impact
Comment:
World shares and bonds edged up on Monday as investors assessed a lower growth target from China than many had expected, with testimony from Fed Chairman Jerome Powell and jobs data this week that could decide the pace of future rate hikes.
Analysis: SCRUM Team
