Market Analysis of US100 on Wednesday 20 NOVEMBER 2024

2024-11-20 19:38Source:BtcDana

US100 TECHNICAL ANALYSIS SHORT TERM VIEW    


US100 running in positive trend and its immediate strong support are 20510 to 20635 level .  Stop loss is 20450 level and it can rise towards 21733 level because expectation for wave 5   . Intraday purpose buying is better for targets 20750, 20780 and 20810 levels respectively with stop loss 20450 level.Final stop loss is 20300 level .


QUICK FUNDAMENTAL LOOK                                                                    


U.S. stock index futures were little changed on Wednesday as investors awaited quarterly results from Nvidia, which are expected to be pivotal in sustaining the AI behemoth's record rally this year.


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

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