Daily Market Analysis 12/07/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 14841.02 with take profit at 14864.59. Bearish Preference: Sell position is envisaged if price trades below 14788.19 with take profit at 14762.32. Fundamentals:No major fundamental. Comment: Fears of runaway inflation have been swapped for worries about a rapid slowdown in global economic growth and that made for …

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