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Instrument: US100
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 13502.23 with take profit at 13526.04.
Bearish Preference:
A sell position is envisaged if the price trades below price 13449.19 with take profit at 13431.50.
Fundamentals:
3PM USD Prelim UoM Consumer Sentiment
Comment:
U.S. stocks are seen opening higher Friday on growing optimism that the Federal Reserve may pause its monetary tightening campaign, although concerns about a potential recession remain, along with worries about the debt ceiling and the banking sector.
Source: investing.com
