Daily Market Analysis 27|05|2021: US100
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13677.53 with take profit at 13696.74. Bearish Preference: Sell position is envisaged if price trades below 13634.68 with take profit at 13615.75 Fundamentals:1:30PM USD Prelim GDP q/q Comment: U.S. stocks closed out Wednesday’s session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about …