Instrument: US30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 31053 with take profit at 31112.
Bearish Preference:
Enter a Sell position if price trades below 30948 with take profit at 30832.
Fundamentals:
2:30pm USD CPI m/m
USD Core CPI m/m
Comment: U.S. stocks finished Tuesday trading higher but the Dow missed booking its first record peak since Friday.
Investors were responding to the rollout of COVID-19 vaccines and remedies while watching House Democrats in Congress moved toward a second impeachment of President Trump over accusations he incited supporters to storm the Capitol.
Analysis: SCRUM Team