Daily Market Analysis 07/12/2021: US100
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16203.31 with take profit at 16248.23. Bearish Preference: Sell position is envisaged if price trades below 16065.31 with take profit at 16017.18. Fundamentals:No major Fundamental Comment: The Nasdaq 100 index jumped on Tuesday as technology stocks rebounded with easing concerns about the Omicron variant, while …