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Daily Market Analysis 02.02.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15264.66 with take profit at 15339.80. Bearish Preference: Sell position is envisaged if price trades below 15131.70 with take profit at 15033.43. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: U.S. stock futures were pointing to a technology-sector-led jump on Wednesday after banner results from Google parent Alphabet …

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Daily Market Analysis 23/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15171.54 with take profit at 15186.93. Bearish Preference: Sell position is envisaged if price trades below 15108.20 with take profit at 15090.11. Fundamentals:No major fundamental Comment: The Nasdaq 100 index pulled back from all-time highs last week and entered a technical correction. Prices breached below the 20-Day SMA line, …

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