Daily Market Analysis 23.09.2022: US100

Instrument: US100

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 11490.33 with take profit at 11518.05
Bearish Preference: 
Sell position is envisaged if price trades  below 11426.35 with take profit at 11387.96
2:45pm USD Flash Services PMI

The major equity averages closed lower Thursday, with the blue-chip Dow Jones Industrial Average dropping over 100 points or 0.4%, the broad-based S&P 500 fell 0.8%, and the tech-heavy Nasdaq Composite particularly hard hit, down 1.4%.

Analysis: SCRUM Team

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