Instrument: US2000
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 1978.4 with take profit at 1982.3 .
Bearish Preference:
A Sell position is envisaged if price trades below price 1967.7 with take profit at 1962.8 .
Fundamentals:
3:45pm USD Flash Manufacturing PMI
USD Flash Services PMI
4:00pm USD CB Consumer Confidence
Comment:
U.S. stock-index futures were headed sharply lower Monday evening as Russian President Vladimir Putin ordered the deployment of troops to separatist areas within Ukraine, after recognizing their independence, a move that some fear puts Ukraine and Russia one step closer to military conflict. Global stocks started off wth a big sell following reports that Putin ordered forces Monday to “maintain peace” in separatist regions of eastern Ukraine. The announcement raised fears, which have kept investors skittish, that an invasion was about to materialize.
Analysis: SCRUM Team