Market news:
The Chicago Business Activity Index in June fell slightly from 40.5 in May to 40.4, lower than the expected 43.0, the lowest level since January, which means that economic activity has shrunk for 19 consecutive months; the Dallas Fed Business Activity Index has shrunk for the fifth consecutive month.
Technical analysis:
Today's buy and sell boundaries:
64.48
Support and resistance levels:
65.75
65.28
64.97
63.99
63.69
63.21
Trading strategy:
If the price breaks through 64.48, consider buying in, the first target price is 65.28
If the price breaks through 63.99, consider selling in, the first target price is 63.69
The Chicago Business Activity Index in June fell slightly from 40.5 in May to 40.4, lower than the expected 43.0, the lowest level since January, which means that economic activity has shrunk for 19 consecutive months; the Dallas Fed Business Activity Index has shrunk for the fifth consecutive month.
Technical analysis:
Today's buy and sell boundaries:
64.48
Support and resistance levels:
65.75
65.28
64.97
63.99
63.69
63.21
Trading strategy:
If the price breaks through 64.48, consider buying in, the first target price is 65.28
If the price breaks through 63.99, consider selling in, the first target price is 63.69
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.