Daily Market Analysis 16/12/2021: US100
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16477.45 with take profit at 16525.47. Bearish Preference: Sell position is envisaged if price trades below 16339.82 with take profit at 16291.51. Fundamentals:2:30pm USD Philly Fed Manufacturing Index USD Unemployment Claims3:15pm USD Industrial Production m/m3:45pm USD Flash Manufacturing PMI3:45pm USD Flash Services PMI Comment: Federal Reserve …