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Daily Market Analysis 03|03|2021: US30

Instrument: US30

Technical Analysis

Bearish Preference: 
Sell is envisage if price trades below 31273 with take profit at 31159
Bullish Preference: 
Buy is envisaged if price trades above 31649 with take profit at 31776
Fundamentals:
2:15pm USD ADP Non-Farm Employment Change 

Comment: After a strong start to March, stocks and index ETFs slipped on Tuesday, as tech stocks dragged down the market. The Dow Jones Industrial Average lost 100 points earlier in the session, but has since rebounded to tread water around breakeven.

Analysis: SCRUM Team

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