Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 10820.16 with take profit at 10847.32
Bearish Preference:
Sell position is envisaged if price trades below 10752.18 with take profit at 10732.08
Fundamentals:
2:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
Comment:
On the Nasdaq 100 the largest gainer was U.S. shares of JD (NASDAQ:JD).Com Inc, which rose 14.7% on hopes for a post-COVID-19 recovery in China. The largest decliner was Microsoft (NASDAQ:MSFT), down 4.4% after a UBS analyst downgraded the stock to “neutral” from a “buy” rating.
Analysis: SCRUM Team
