US100 TECHNICAL ANALYSIS SHORT TERM V
US100 have immediate support 20984 to 21085 level and it can continue its rally towards 22140 level with stop loss 20950 level . Another ABC pattern also indicating rally towards 22140 with positional stop loss 20500 .Intraday purpose buying is better with stop loss 20950 for target 21220,21240 and 21270 level respectively .Three calculations showing upside target 22140 in short term .
QUICK FUNDAMENTAL LOOK
Wall Street's main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high, driven by lower-than-expected December core inflation data and robust quarterly earnings from major U.S. banks.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .