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, …