Daily Market Analysis 19|05|2021: US100
Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13071.57 with take profit at 13120.40. Bearish Preference: Sell position is envisaged if price trades below 12980.63 with take profit at 12943.55. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: U.S. stocks are seen opening sharply lower Wednesday, continuing the downward move from the previous session, with …