EN 
CN 
DOW30
Bias: Bullish
We look to Buy at 32416 with target prices of 33113 and 33800, and a stop price of 32094
Confidence: 40%
Technical Analysis
- We look to buy dips
- Previous support located at 32400
- There is scope for mild selling at the open but losses should be limited
- Further upside is expected although we prefer to set longs at our bespoke support levels at 32400, resulting in improved risk/reward
NASDAQ
Bias: Bearish
We look to Sell at 13814 with target prices of 13405 and 13320, and a stop price of 13960
Confidence: 60%
Technical Analysis
- Preferred trade is to sell into rallies
- Previous resistance located at 13800
- Trading has been mixed and volatile
- The bias is still for lower levels and we look for any gains to be limited
- Selling continued from the 50% pullback level of 13751
- News events could adversely affect the short term technical picture
US500
Bias: Bearish
We look to Sell at 4360 with target prices of 4203 and 3930, and a stop price of 4421
Confidence: 60%
Technical Analysis
- We look to sell rallies
- Prices expected to stall near trend line resistance
- 50 1day EMA is at 4363
- There is scope for mild buying at the open but gains should be limited
