Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 11094.45 with take profit at 11127.03
Bearish Preference:
A Sell position is envisaged if price trades below price 10928.14 with take profit at 10869.62
Fundamentals:
No major fundamental
Comment:
U.S. stock index futures edged higher on Tuesday ahead of a crucial midterm election that will determine control of Congress, with Republicans favoured by polls to win control of the House of Representatives and possibly the Senate. Control of even one chamber of Congress would give Republicans the power to bring Biden’s legislative agenda to a halt and demand deep spending cuts.
Analysis: SCRUM Team