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Daily Market Analysis 17/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13954.42 with take profit at 13973.12. Bearish Preference: Sell position is envisaged if price trades below 13888.49 with take profit at 13867.83. Fundamentals:1:30 pm USD    Philly Fed Manufacturing Index             USD    Unemployment Claims Comment: U.S. stocks were indicated modestly lower Thursday morning, a day …

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Daily Market Analysis 10/06/2021: OIL

Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 72.26 with take profit at 72.47 Bearish Preference: Sell position is envisaged if price trades below 71.47 with take profit at 71.26. Fundamentals:3:30PM  USD  Natural Gas Storage Comment: Oil prices fell on Thursday as inventory data in the United States, the world’s top oil consumer, showed a …

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Daily Market Analysis 09/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13872.62 with take profit at 13898.26 Bearish Preference: Sell position is envisaged if price trades below 13800.52 with take profit at 13769.51. Fundamentals:None with high impact on the index. Comment: Major averages closed near the flatline on Tuesday as stocks remained range bound near record …

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Daily Market Analysis 08/06/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13895.10 with take profit at   13918.30. Bearish Preference: Sell position is envisaged if price trades below 13803.08 with take profit at 13778.24. Fundamentals:No major fundamental. Comment: U.S. stocks are set to open in a subdued fashion Tuesday, with investors cautious ahead of the release of key …

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Daily Market Analysis 04|06|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13546.16 with take profit at 13562.97. Bearish Preference: Sell position is envisaged if price trades below 13503.43 with take profit at 13484.52. Fundamentals:12:00pm USD    Fed Chair Powell Speaks1:30pm   USD    Average Hourly Earnings m/m               USD    Non-Farm Employment Change  …

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Daily Market Analysis 27|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13677.53 with take profit at 13696.74. Bearish Preference: Sell position is envisaged if price trades below 13634.68 with take profit at 13615.75 Fundamentals:1:30PM USD Prelim GDP q/q Comment: U.S. stocks closed out Wednesday’s session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about …

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Daily Market Analysis 26|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13748.39 with take profit at 13775.25. Bearish Preference: Sell position is envisaged if price trades below 13673.30 with take profit at 13647.72. Fundamentals:None with high impact. Comment: U.S. stocks closed slightly lower on Tuesday, and each of Wall Street’s main indexes failed to stray far from the …

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Daily Market Analysis 21|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13563.26 with take profit at 13587.05. Bearish Preference: Sell position is envisaged if price trades below 13486.18 with take profit at 13460.77. Fundamentals:2:45 PM  USD    Flash Manufacturing PMI Comment: U.S. stocks are seen opening marginally higher Friday, continuing the previous session’s rebound ahead of …

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Daily Market Analysis 20|05|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 33764 with take profit at  33826. Bearish Preference: Sell position is envisaged if price trades below 33577 with take profit at 33507. Fundamentals:1:30 pm  USD   Philly Fed Manufacturing Index.1:30 pm USD   Unemployment Claims3:00 PM CB Leading Index m/m Comment: U.S. stocks are seen opening lower …

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Daily Market Analysis 19|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13071.57 with take profit at 13120.40. Bearish Preference: Sell position is envisaged if price trades below 12980.63 with take profit at 12943.55. Fundamentals:7:00 pm  USD FOMC Meeting Minutes  Comment: U.S. stocks are seen opening sharply lower Wednesday, continuing the downward move from the previous session, with …

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