Market Analysis of US100 on Tuesday 7 JANUARY 2024

2025-01-07 18:16Fonte:BtcDana

US100 TECHNICAL ANALYSIS SHORT TERM VIEW    


US100  running in wave 3 or wave c and now it can rise  above 22123 level with stop loss 21200 shown in chart .  Intraday purpose buying is better for targets 21530, 21560 and 21600 levels respectively with stop loss 21200 level.


QUICK FUNDAMENTAL LOOK                                                                    


The S&P 500 and the Nasdaq Composite rose on Monday to more than one-week highs, boosted by a rally in semiconductor stocks and a report that suggested the incoming Trump administration could adopt a less aggressive tariff stance than expected.


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

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