Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15202.33 with take profit at 15226.81 Bearish Preference: Sell position is envisaged if price trades below 15129.14 with take profit at 15103.01 Fundamentals:1:15pm USD ADP Non-Farm Employment Change Comment: After gaining for four straight sessions following its lowest close in nearly a year, the tech-heavy benchmark has …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1943.79 with a take profit at 1950.00. Bearish Preference: Sell position is envisaged if price trades below 1930.34 with a take profit at 1924.39. Fundamentals:No major Fundamental Comment: The price of gold appears to have reversed ahead of the 50-Day SMA ($1888) as it extends the advance from …
Instrument: US30 Technical Analysis Bearish Preference: Sell is envisaged if price trades below 30123 with take profit at 29975. Bullish Preference: Buy is envisaged if price trades above 30303 with take profit at 30450. Fundamentals:Tentative USD IBD/TIPP Economic Optimism Comment: Stocks on Friday registered their worst weekly declines since the period ended Oct. 30. The Dow closed 3.2% lower for …
Instrument: US30 Technical Analysis Bearish Preference: Sell is envisage if price trades below 30014 with take profit at 29910. Bullish Preference: Buy is envisaged if price trades above 30403 with take profit at 30531. Fundamentals:No major fundamentals Comment: The Dow cut its gains into the close but still ended higher Thursday, driven by mostly bullish quarterly earnings and a …
