Market Analysis of US500 on Tuesday 10 October 2023

2023-10-10 16:48Source:BtcDana

US500 TECHNICAL ANALYSIS SHORT TERM VIEW      

 US500 completed or near to completion wave 4 and its last wave 5 should go upward towards 4500 level without touch 4200 level.Buying is better with stop loss 4200 for intraday targets 4360,4380 and 4400 targets respectively.Overall upside target is 4500 above.

 QUICK FUNDAMENTAL LOOK                                                                     

Wall Street's major indexes closed higher on Monday while energy stocks rallied as investors digested the latest news about the conflict between Israel and the Palestinian Islamist group Hamas.

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

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