Instrument: US100
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 12338.22 with take profit at 12365.61
Bearish Preference:
A Sell position is envisaged if the price trades below 12258.00 with take profit at 12234.52
Fundamentals:
4:00pm USD Prelim UoM Consumer Sentiment
Comment:
European shares climbed for the third straight session on Thursday as cooling inflation in Germany and a slew of upbeat earnings offset concerns over hawkish comments by top central bank policymakers and alleviated fears of a steep recession.
Analysis: SCRUM Team
