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Daily Market Analysis 21.11.2023: US100

Instrument: US100+

Bullish Preference: 
Buy position is envisaged if price trades above 16069.67 with take profit at 16084.32
Bearish Preference: 
Sell position is envisaged if price trades  below 16043.05 with take profit at 16023.64
Fundamentals:
USD:           FOMC Meeting Minutes             8PM

Comment: 
U.S. stock futures hovered mostly below the flatline on Tuesday, as investors awaited impending minutes from the Federal Reserve’s latest meeting and a trickle of corporate earnings.

The main indices on Wall Street all finished solidly in the green in the prior session. The 30-stock Dow Jones Industrial Average gained 0.6% and the benchmark S&P 500 added 0.7%, while the tech-heavy Nasdaq Composite rose by 1.1% after touching an almost two-year high earlier on Monday.

Also, the majority of staffers at OpenAI have reportedly called for the reinstatement of Sam Altman, the artificial intelligence start-up’s former chief executive who was ousted in a dramatic boardroom shake-up over the weekend

Analysis: SCRUM Team

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