Instrument: US30
Intraday: BULLISH
Technical Analysis
Preference: Buy position is envisaged if price trades above 27830 with take profit at 27905
Alternative scenario: Sell position is envisaged if price trades below 27710 with take profit at key level 27608
Fundamentals:
None with direct impact on the index.
Comment: Stocks suffered losses but finished above session lows Thursday, and today, it is expected to recover most of the loss from the pullback of yesterday once it breaks the closest resistance.
Analysis: SCRUM Team