US100: Ready to rise further after good US data

28 באוג׳

US100: Ready to rise further after good US data

Today the US reported very good data in general. Despite being preliminary data, they are still showing signs of a strong economy.

Tomorrow the US will report the final data and they have a good chance of being higher than expected.

Given that the US continues to have strong data despite the mess that Trump is creating, there is a good chance that the indices will continue to rise further. They are a clear indicator of the US economy. We must be careful of any manipulation that may occur or from Trump's comments.

US100 completed a clear bullish pattern and it could reach 23800 and 24100 soon

You may find more details in the chart!
Thank you and Good Luck!

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US initial jobless claims 229K vs 230K expected
US GDP 2nd estimate for Q2 3.3% vs 3.1% estimate
US PCE prices preliminary 2.0% vs 2.1% preliminary
PCE ex food and energy housing 2.2% versus 2.2% preliminary

28 באוג׳

הערה

US100 Near to the first target :)