Market Analysis of US100 on Friday 3 JANUARY 2024

2025-01-03 19:32Source:BtcDana

US100 TECHNICAL ANALYSIS SHORT TERM VIEW  


US100 running in negative trend and its immediate strong resistance are 20990 to 21153 level .  Stop loss is 21300 level and it can fall towards 20700 level in short term    . Intraday purpose selling is better for targets 20960, 20940 and 20920 levels respectively with stop loss 21300 level.


QUICK FUNDAMENTAL LOOK                                                                    


Wall Street see-sawed to a lower close on Thursday amid choppy trading, as investors embarked on the new year facing the cross-currents of solid labor market data, a rising dollar and tumbling Tesla shares.

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

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