Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 12785.34 with take profit at 12800.44
Bearish Preference:
A Sell position is envisaged if the price trades below 12707.13 with take profit at 12688.26
Fundamentals:
3:15pm USD FOMC Member Williams Speaks
Comment:
Nasdaq 100 poised for its fifth straight up week. Another possibility is that memories of one lucky episode are informing risky bets in another, despite 2022’s radically different backdrop. Whatever the cause, a rush to the melt-up is on.
Analysis: SCRUM Team
