Intraday: Bullish
Technical Analysis
Preference:
Buy position is envisaged if price trades above 23709 with take profit at 23865
Alternative scenario:
Sell position is envisaged if price trades below 23626 with take profit at 23480.
Fundamentals:
USD Unemployment Claims 1:30pm
Comment: Fundamentally, this instrument has been trading upwards since late last night with investors preparing for the data for unemployment claims set to drop by 1:30pm today. Investors are confident these claims would decline and show a positive light that more people have paying jobs. It is envisaged that this news of positive would be the catalyst to push us30 upwards today.
Analysis: SCRUM Team