Daily Market Analysis 19.07.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 12030.56 with take profit at  12081.55 Bearish Preference: Sell position is envisaged if price trades  below 11850.95 with take profit at 11784.90 Fundamentals: 7:35 pm FOMC Member Brainard Speaks Comment:S&P 500 and Nasdaq 100 edged up after Wall Street shares closed off lows over expectations of a 100 basis-point U.S. interest …

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