Daily Market Analysis 16.08.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 13704.69 with take profit at  13731.80 Bearish Preference: Sell position is envisaged if price trades below 13621.60 with take profit at 13588.36 Fundamentals:No major fundamental Comment: U.S. stock index futures inched lower on Tuesday as investors assessed results from retailers Walmart (NYSE:WMT) and Home Depot , while signs …

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