Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14668.60 with take profit at 14723.88
Bearish Preference:
Sell position is envisaged if price trades below 14516.51 with take profit at 14442.35
Fundamentals:
1:30pm USD Unemployment Claims
Comment:
Asia Pacific stocks were down on Thursday morning. U.S. equity futures were also on a downward trend after the Federal Reserve revealed plans to hike interest rates and pare its balance sheet by more than $1 trillion a year in the minutes from its March meeting.
Analysis: SCRUM Team