Market Analysis of US500 on Friday 3 November 2023

2023-11-03 19:35Source:BtcDana

US500 TECHNICAL ANALYSIS SHORT TERM VIEW    

US500 is running in  positive trend and its support area is 4237 to 4270 and overall trend  stop loss is 4240.It can fall downward below 4104 level sharply because it has made irregular correction or complex correction at 4104 levels .Intraday purpose selling can be done with stop loss 4240 stop loss for 4140,4125 and final target 4104 levels .

 QUICK FUNDAMENTAL LOOK                                                                     

US Futures Steady After Relief Rally,In regular trading on Monday, the S&P 500 and Nasdaq Composite both gained about 1.2%, while the Dow jumped 1.6% for its best day since early June.

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

More