Another aspect that can impact US100 could come from different companies that would report their today, such as Coca-Cola (KO), UBER, GENERAL MOTORS ( GM ) & .
From a technical perspective, the price is moving righteously inside the channel, continuing to create higher-highs with continuous divergence forming on the . This is a sign that the is running out of fuel, with a move very likely on the cards that can push the price in its 13k’s.
We recommend patience and discipline. Don’t jump in any trade without a proper setup.
Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.