US stocks are trying to return to growth after the correction of the previous day as the news background is quite positive.
Futures on US stock indexes are trying to return to growth after the correction of the previous day, as investors continue to expect that the Fed will not go to the tightening of monetary policy in the coming months, and the forecasts for corporate earnings for the third quarter remain quite positive.
On Friday of July 22, there was no release of important macroeconomic statistics could affect the mood of investors. Accordingly, the movement developed within the previously established trends.
On Saturday, the G20 summit has begun, but there is not expected to take crucial decisions for the world economy.
Purchases on the market does not exceed 4655. “Rebound” from the 50-hour moving average (SMA50).
Strategy transaction by NASDAQ-100 (NQ)
The direction of the transaction – buy
Enter (opening price) – 4655
Target (closing price) – 4695
Stop Loss – 4625
Warning: Profitability in the past does not mean profitability in the future. Any projections are for information only and does not guarantee a result.