Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 13503.16 with take profit at 13585.95.
Bearish Preference:
A Sell position is envisaged if price trades below 13222.27 with take profit at 13153.89
Fundamentals:
No major Fundamental
Comment:
World stocks held at a one-year low on Tuesday, while gold climbed above the key $2,000 level, as the prospect of a ban on Russian oil imports pushed up oil prices and raised concerns of soaring inflation and slowing economic growth.
Analysis: SCRUM Team