Daily Market Analysis 31.05.2022: US100
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12714.00 with take profit at 12747.37 Bearish Preference: Sell position is envisaged if price trades below price 12519.27 with take profit at 12436.92 Fundamentals:3 PM CB Consumer Confidence Comment: In recent weeks, we have seen the markets materially pull back 2023 Fed rate hike expectations. Cautious commentary …