US500

Intraday - We look to Sell at 3893 (stop at 3948)

Preferred trade is to sell into rallies. We look for losses to be extended today. There is scope for mild buying at the open but gains should be limited. Previous support, now becomes resistance at 3900. Expect trading to remain mixed and volatile.

Our profit targets will be 3732 and 3701

Resistance: 3900 / 4080 / 4300
Support: 3800 / 3720 / 3666

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