Market Analysis of Instrument name on Monday 2 September 2023

2023-09-19 19:08Source:BtcDana

US30 TECHNICAL ANALYSIS SHORT TERM VIEW     

  US30 has strong support  34100 to 34700 levels and it can rise towards 35700  levels sharply without touch 34020 level positionally very soon .Overall trend is positive and inner calculations as shown in graph indicating that without touch 34020 US 30 now should jump for wave 3 or wave c towards 35100 levels.Double zigzag correction has made at top level so 35700 levels so it should come sharply.

 QUICK FUNDAMENTAL LOOK                                                                     

U.S. stock index futures inched higher on Tuesday ahead of a two-day Federal Reserve monetary policy meeting and as investors awaited grocery delivery app Instacart's Nasdaq debut to assess a potential recovery in the IPO market.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

More