27 Sep 2022 Foreign

 WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq

If you like what we are doing, kindly like and share our page on FB. Follow us 

on FB for more updates.

Click here to contact us: https://goo.gl/B6Dccf 

E-Mini Dow

Wall Street slid deeper into a bear market on Monday, with the S&P 500 and Dow closing lower as investors fretted that the Federal Reserve's aggressive campaign against inflation could throw the U.S. economy into a sharp downturn.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A: Remain short as long as market trades below 30078. Targets are 29297 and 28906.

Plan B: Consider long if market stays above 29688. Targets are 30078 and 30469.

E-Mini S&P 500

The S&P 500 notched a new closing low for 2022 and the Dow Jones Industrial Average slipped into a bear market as interest rates surged and turmoil rocked global currencies.

The S&P 500 declined 1.03% to 3,655.04, falling below the June closing low of 3,666.77. At one point during the day, the index dipped to 3,644.76, less than eight points away from its intraday low of 2022: 3,636.87.

The Federal Reserve’s aggressive hiking campaign, coupled with the U.K.’s tax cuts announced last week has caused the U.S. dollar to surge. The euro hit the lowest versus the dollar since 2002. A surging greenback can hurt the profits of U.S. multinationals and also wreak havoc on global trade, with so much of it transacted in dollars.

Bond yields leapt on Monday, with the 10-year Treasury yield topping 3.9% at one point during the day. That marks its highest level since 2010.

The yield also jumped on the 2-year Treasury, which is especially sensitive toward Fed policy. The rate on the note surpassed 4.3%, the highest level since 2007.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A : Short if market failed to support above 3692. Targets are 3682 and 3673.

Plan B : Long if market supported firm above 3692. Targets are 3705 and 3717.

E-Mini Nasdaq

Stock futures were higher on Tuesday morning after the market started the week by continuing its dramatic September decline.

The Nasdaq Composite fell 0.6% to 10,802.92.

Investors will get several new pieces of economic data, including September consumer confidence, August durable goods orders and July home prices. Wall Street has grown increasingly concerned that the Fed’s six-month-long inflation fight will push the economy into a recession.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A : Short only if market failed to support above 11385. Targets are 11355 and 11324.

Plan B : Long if market retraced but supported firm above 11385. Targets are 11419 and 11458.

HSI

Most Asian stock markets tumbled further on Monday as traders exited risk-driven assets on fears that rising interest rates and high inflation could trigger a global economic recession.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A: Remain short if the market stays below 18125. Targets are 17656 and 17500.

Plan B: Consider long only if the market stays above 18125. Targets are 18281 and 18438.

WTI Crude

Oil prices fell $2 a barrel on Monday, settling at nine-month lows in choppy trade, pressured by a strengthening dollar as market participants awaited details on new sanctions on Russia.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A: Remain short as long as oil price stays below 81.25. Targets are 76.56 and 75.

Plan B: Consider long only if oil price stays above 79.69. Targets are 81.25 and 82.81.

Gold

Gold prices were at their lowest level in 2-1/2 years on Monday, weighed down by a strong dollar and U.S. Treasury yields amid the U.S. Federal Reserve's hawkish stance on interest rate.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A: Remain short as long as gold price stays below 1656.3. Targets are 1625 and 1617.2.

Plan B: Attempts long only if gold price stays above 1664.1. Targets are 1671.9 and 1679.7.

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, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, 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.