Instrument: US30
Intraday: Bullish
Technical Analysis
Preference:
Bull position is envisaged if price trades above 26338 with take profit at 26578
Alternative scenario:
Sell position is envisaged if price trades below 25929 with take profit at 25612
Fundamentals:
3:00pm USD ISM Non-Manufacturing PMI
Comment: the Dow Jones reached continued its bullish move buoyed by a record surge in payrolls, which provided assurance that the U.S. economic recovery was well under way.
Analysis SCRUM Team