Instrument: US30
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 31739 with take profit at 31807
Bearish Preference:
A Sell position is envisaged if the price trades below 31480 with take profit at 31402
Fundamentals:
1:30pm USD Core PPI m/m USD Core Retail Sales m/m
USD Empire State Manufacturing Index
USD PPI m/m
USD Retail Sales m/m
Comment:
U.S. stock futures were trading lower during Tuesday’s evening trade, after major indices posted a positive session with the Dow lifting from 5-week lows, as investors reacted positively to weakening inflation pressures United States Consumer Price Index (CPI).
Analysis: SCRUM Team