With earnings season in full swing I will be looking to buy Wall Street 30 if we see a daily close above the 25225 price level.
Technical outlook: the price is currently trading above the 50 simple moving average (SMA) which supports the price moving higher. The price has also broken out of down ward resistance (red dotted) line and might move higher.
Trade: Wall Street 30
Source: Bloomberg
Disclaimer: Any opinions, news, research, analyses, prices, or other information contained within this research is provided as general market commentary, and does not constitute investment advice. GT247.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The content contained within is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.