Daily Market Analysis 17.05.2022: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 12559.38 with take profit at 12586.13 Bearish Preference: Sell position is envisaged if price trades below 12461.38 with take profit at 12438.36 Fundamentals:Core Retail Sales m/m   1:30 PMRetail Sales m/m             1:30 PMFed Chair Powell Speaks    7:00 PM Comment: The …

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