Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15264.66 with take profit at 15339.80.
Bearish Preference:
Sell position is envisaged if price trades below 15131.70 with take profit at 15033.43.
Fundamentals:
2:15pm USD ADP Non-Farm Employment Change
Comment: U.S. stock futures were pointing to a technology-sector-led jump on Wednesday after banner results from Google parent Alphabet and microchip maker Advanced Micro Devices. On the economics front, ADP is set to report its estimate of private-sector payrolls, which is expected to show a sharp slowdown in hiring in January. The government’s payrolls report comes Friday.
Analysis: SCRUM Team