Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14947.52 with take profit at 14979.91.
Bearish Preference:
Sell position is envisaged if price trades below 14884.46 with take profit at 14845.25.
Fundamentals:
4:00pm USD ISM Manufacturing PMI
USD JOLTS Job Openings
Comment: Stock futures edged lower Tuesday morning, following a wild January on Wall Street that saw investors struggle with a Federal Reserve policy shift. Investors were awaiting more key earnings reports, with ExxonMobil due before the opening bell and Alphabet, General Motors, Starbucks, AMD and PayPal are due after the close. United Parcel Service also is reporting, and shares were up 6.3% premarket ahead of the news.
Analysis: SCRUM Team