Daily Market Analysis 28.09.2023: US100

Instrument: US100

Bullish Preference: 
Buy position is envisaged if price trades above 14696.16 with take profit at 14711.38.
Bearish Preference: 
Sell position is envisaged if price trades below 14671.80 with take profit at 14656.20.
USD Final GDP q/q
USD Unemployment Claims
USD Fed Chair Powell Speaks   

Weighing on sentiment has been a jump in the U.S. 10-year Treasury yield, which touched a level not seen since 2007 in the prior session. Yields typically rise as prices decrease.

Analysis: SCRUM Team

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