FUTURESCOIN IS GOING GLOBAL
WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
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FUTURESCOIN IS GOING GLOBAL
WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
E-Mini Dow
U.S. stock index futures turned higher on Thursday after data showed jobless claims fell last week and the Federal Reserve rolled out a broad $2.3 trillion effort to bolster local governments and small and mid-sized businesses.
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Plan A : Short if market does not breach above 23745. Targets are 23710, 23670 and 23625.
Plan B : Cut above 23780.
Plan C : Long if market stays firm above 23175. Targets are 23220 and 23265.
Plan D : Cut below 23140.
Plan D : Cut below 23140.
E-Mini S&P 500
The stock market’s rapid plunge into a bear market this year has been nearly matched by a blistering rally off its lows.
Through Thursday’s close, the S&P 500 has rallied nearly 25% from a low reached on March 23. The broader market average has also retraced half of its initial drop from its record high. The Dow is up more than 28% from its late-March low while the Nasdaq Composite has jumped 19.1% in that time.
The market’s comeback has been fueled mainly by three factors:
- -An improving outlook on the coronavirus outbreak
- -Massive monetary and fiscal stimulus
- -Stabilizing oil prices
This past week, the Dow had its seventh-best weekly performance ever while the S&P 500 posted its biggest one-week gain since 1974. The Dow’s fifth best week ever was on March 27, showing the historic nature of this comeback.
The Federal Reserve released on Thursday details on a group of programs aimed at supporting the economy. Those programs, which total up to $2.3 trillion, include loans for small and medium-sized businesses along with the purchase of investment grade and junk bonds. That announcement came after the Fed slashed rates to zero in March and launched an open-ended quantitative easing program.
The stock market’s rapid plunge into a bear market this year has been nearly matched by a blistering rally off its lows.
Through Thursday’s close, the S&P 500 has rallied nearly 25% from a low reached on March 23. The broader market average has also retraced half of its initial drop from its record high. The Dow is up more than 28% from its late-March low while the Nasdaq Composite has jumped 19.1% in that time.
The market’s comeback has been fueled mainly by three factors:
- -An improving outlook on the coronavirus outbreak
- -Massive monetary and fiscal stimulus
- -Stabilizing oil prices
This past week, the Dow had its seventh-best weekly performance ever while the S&P 500 posted its biggest one-week gain since 1974. The Dow’s fifth best week ever was on March 27, showing the historic nature of this comeback.
The Federal Reserve released on Thursday details on a group of programs aimed at supporting the economy. Those programs, which total up to $2.3 trillion, include loans for small and medium-sized businesses along with the purchase of investment grade and junk bonds. That announcement came after the Fed slashed rates to zero in March and launched an open-ended quantitative easing program.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Long if market doesn't retrace much and supported firm above 2746.25. Targets are 2771.50, 2792.50 and 2812.25.
Plan B : Short if market failed to support above 2746.25. Targets are 2720.25, 2700.25 and 2678.25.
Plan A : Long if market doesn't retrace much and supported firm above 2746.25. Targets are 2771.50, 2792.50 and 2812.25.
Plan B : Short if market failed to support above 2746.25. Targets are 2720.25, 2700.25 and 2678.25.
Plan B : Short if market failed to support above 2746.25. Targets are 2720.25, 2700.25 and 2678.25.
E-Mini Nasdaq
U.S. stock futures were lower on Monday morning after OPEC and other oil-producing countries reached a deal on a massive production cut, even as investors continued to digest the impact of the coronavirus.
Dow Jones Industrial Average futures traded 339 points lower, pointing to a opening drop on Monday of around 331 points. S&P 500 and Nasdaq 100 futures also pointed to Monday opening declines for the two indexes.
The group of countries known as OPEC+ agreed to cut production by 9.7 million barrels per day, making it the single-largest output reduction on record.
Oil prices had fallen more than 40% since early March after Saudi Arabia-led OPEC and Russia failed to reach a deal as the coronavirus pandemic dampened global economic prospects.
U.S. stock futures were lower on Monday morning after OPEC and other oil-producing countries reached a deal on a massive production cut, even as investors continued to digest the impact of the coronavirus.
Dow Jones Industrial Average futures traded 339 points lower, pointing to a opening drop on Monday of around 331 points. S&P 500 and Nasdaq 100 futures also pointed to Monday opening declines for the two indexes.
The group of countries known as OPEC+ agreed to cut production by 9.7 million barrels per day, making it the single-largest output reduction on record.
Oil prices had fallen more than 40% since early March after Saudi Arabia-led OPEC and Russia failed to reach a deal as the coronavirus pandemic dampened global economic prospects.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Long if market doesn't retrace much and supported firm above 8137.25. Targets are 8175.25, 8210.25 and 8233.25.
Plan B : Short if market failed to support above 8137.25. Targets are 8096.75, 8065.25 and 8032.25.
WTI Crude
Oil prices moved higher in overnight trading after OPEC and its allies agreed to cut production by 9.7 million barrel per day. The deal, which was finalized on Sunday after marathon discussions that spanned four days, is the single largest output cut in history.
Plan A : Long if market doesn't retrace much and supported firm above 8137.25. Targets are 8175.25, 8210.25 and 8233.25.
Plan B : Short if market failed to support above 8137.25. Targets are 8096.75, 8065.25 and 8032.25.
Plan B : Short if market failed to support above 8137.25. Targets are 8096.75, 8065.25 and 8032.25.
Oil prices moved higher in overnight trading after OPEC and its allies agreed to cut production by 9.7 million barrel per day. The deal, which was finalized on Sunday after marathon discussions that spanned four days, is the single largest output cut in history.
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Plan A : Attempt sell if oil price stays below 24.3
Plan B : Cut above 24.8
Plan C : Consider buying only if oil price able to hold firm above 23.1
Plan D : Cut below 22.4
Gold
Gold prices surged over 2% to their highest in a month on Thursday after the U.S. Federal Reserve announced a massive stimulus to combat the economic toll of the coronavirus pandemic.
Plan A : Attempt sell if oil price stays below 24.3
Plan B : Cut above 24.8
Plan C : Consider buying only if oil price able to hold firm above 23.1
Plan D : Cut below 22.4
Gold
Gold prices surged over 2% to their highest in a month on Thursday after the U.S. Federal Reserve announced a massive stimulus to combat the economic toll of the coronavirus pandemic.
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Plan A : Attempt buy if gold price trades firmly above 1677.9
Plan B : Cut below 1673.1
Plan C : Consider selling if gold price surges but fails to breach above 1693
Plan D : Cut above 1698.3
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
Plan A : Attempt buy if gold price trades firmly above 1677.9
Plan B : Cut below 1673.1
Plan C : Consider selling if gold price surges but fails to breach above 1693
Plan D : Cut above 1698.3
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
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