Instrument: US30
Bullish Preference:
A Buy position is envisaged if the price trades above 35610 with take profit at 35636
Bearish Preference:
A Sell position is envisaged if the price trades below 35529 with take profit at 35499
Fundamentals:
1:30pm
USD Core PCE Price Index m/m
USD Employment Cost Index q/q
3:00pm
USD Revised UoM Consumer Sentiment
Comment:
The benchmark Wall Street indices closed lower Thursday, with the blue chip Dow Jones Industrial Average ending a 13-day winning streak after dropping over 200 points, or 0.7%, after data showed the U.S. economy grew 2.4% last quarter, stronger than expected and above the first quarter level.
Analysis: SCRUM Team