Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 11441.08 with take profit at 11454.70
Bearish Preference:
Sell position is envisaged if price trades below 11388.38 with take profit at 11376.91
Fundamentals:
4:00pm USD Prelim UoM Consumer Sentiment
Comment:
U.S. stock markets are set to open fractionally lower later, after advancing on Thursday in response to the inflation numbers, which were followed by more hints from Federal Reserve officials that the central bank may only raise the fed funds target range by 25 basis points at its February meeting.
Analysis: SCRUM Team
