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Daily Market Analysis 16|02|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: A buy position  is envisaged if price trades above price 31664  with take profit at 31725 Bearish Preference: A sell position is envisaged if price trades below 31534 with a take profit at 31472 Fundamentals:5:10pm USD FOMC Member Bowman Speaks9:00pm USD FOMC Member Daly Speaks Comment: U.S. stocks has edge lower since the end of …

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Daily Market Analysis 10|02|2021: US30

Instrument: US30 Technical Analysis Bearish Preference: Sell is envisage if price trades below 31278 with take profit at 31162 Bullish Preference: Buy is envisaged if price trades above 31421 with take profit at 31518 Fundamentals:2:30pm USD CPI m/m Comment: The U.S. reported fewer than 100,000 new cases for the second straight day Monday and hospitalizations continued to fall in …

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Daily Market Analysis 02|02|2021: US30

Instrument: US30 Technical Analysis Bearish Preference: Sell is envisaged if price trades below 30123 with take profit at 29975. Bullish Preference: Buy is envisaged if price trades above 30303 with take profit at 30450. Fundamentals:Tentative USD IBD/TIPP Economic Optimism Comment: Stocks on Friday registered their worst weekly declines since the period ended Oct. 30. The Dow closed 3.2% lower for …

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Daily Market Analysis 29|01|2021: US30

Instrument: US30 Technical Analysis Bearish Preference: Sell is envisage if price trades below 30014 with take profit at 29910. Bullish Preference: Buy is envisaged if price trades above 30403 with take profit at 30531. Fundamentals:No major fundamentals Comment: The Dow cut its gains into the close but still ended higher Thursday, driven by mostly bullish quarterly earnings and a …

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Daily Market Analysis 14|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31157 with take profit at 31170. Bearish Preference: Sell position is envisaged if price trades below the 30825 with take profit at 30810. Fundamentals:2:30pm USD Import m/mUSD Unemployment Claims Comment: Equities remain supported by the prospect of more fiscal aid for the economy from the …

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Daily Market Analysis 13|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 31053 with take profit at 31112. Bearish Preference: Enter a Sell position if price trades below 30948 with take profit at 30832. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: U.S. stocks finished Tuesday trading higher but the Dow missed booking its first record peak …

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Daily Market Analysis 06|01|2021: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 30466 with take profit at 30622. Bearish Preference: Enter a Sell position if price trades below 30164 with take profit at 30040. Fundamentals:8:00pm USD FOMC Meeting Minutes. Comment: Wall Street had Georgia squarely on its mind overnight, with equity futures and bonds mostly in the …

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Daily Market Analysis 16|12|2020: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy if price trades above 30233 with take profit at 30283. Bearish Preference: A sell is envisaged when price trades below 30143 with take profit at 30091. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:45pm USD Flash Manufacturing PMI Comment: The Dow on Tuesday afternoon notched its best finish since around Thanksgiving as …

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Daily Market Analysis 15|12|2020: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29985 with take profit at 30106 Bearish Preference: Sell is envisaged if price trades below 29888 with take profit at 29774 Fundamentals:USD  Import Prices m/m          Industrial Production m/m Comment: U.S. stocks are seen opening higher this week, as investors weigh up the roll out …

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Daily Market Analysis 24|11|2020: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29850 with take profit at 29938. Bearish Preference: Sell is envisaged if price trades below 29716 with take profit at 29632. Fundamentals:USD CB Consumer Confidence 4PM Comment: U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the …

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