Blog

Daily Market Analysis 15|07|2020: US30

Moderna-cj
Daily Analysis / Online Education

Daily Market Analysis 15|07|2020: US30

Instrument: US30

Intraday: Bullish

Technical Analysis

Preference: 
Buy position is envisaged if price trades above 26794 with take profit at key level 26994.
Alternative scenario: 
Sell if price trades below 26424 with take profit at 26174.
Fundamentals:
No fundamental with direct impact on the index.

Comment: US30 jumped on Wednesday as optimism about a coronavirus vaccine bolstered risk appetite. Moderna said its coronavirus vaccine produced antibodies in all patients in an early trial, raising hope for a faster economic recovery and this caused the bullish move which is expected to continue if price breaks the hourly resistance.

Analysis: SCRUM Team

Leave your thought here

Your email address will not be published. Required fields are marked *

Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Compare
Wishlist 0
Open wishlist page Continue shopping