Daily Market Analysis 10/12/2021: US100
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 16278.93 with take profit at 16307.77. Bearish Preference: Sell position is envisaged if price trades below 16159.35 with take profit at 16128.81. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: World stocks dipped on Friday, retreating from two-week highs set in the previous session amid renewed …