Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15681.51 with take profit at 15713.51.
Bearish Preference:
Sell position is envisaged if price trades below 15590.85 with take profit at 15555.30.
Fundamentals:
No major fundamental
Comment: The Nasdaq fell 1.9%. The major averages ended off the session lows. “It was a colossal miss,” Darren Schuringa, CEO of ASYMmetric ETFs said in an interview on Friday, referring to weaker-than-expected job gains in November. “Looking at these numbers now, it is concerning for me from an economic strength standpoint.
Analysis: SCRUM Team