25 Aug 2023 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

The Dow Jones Industrial Average closed 373.56 points lower, or 1.08%, at 34,099.42. Thursday marked the worst day for the Dow since March.

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

Plan A: Consider long as market trades above 34099. Targets are 34135 and 34230.

Plan B: Consider short if market stays below 34099. Targets are 34035 and 33989.

E-Mini S&P 500

The S&P 500 lost 1.35% to end the day at 4,376.31. 

Nvidia shares reached an all-time high after the company reported quarterly earnings and revenue that exceeded lofty analyst expectations. The company also raised its guidance, with executives predicting third-quarter revenue would climb to $16 billion, or a year-over-year increase of 170%. However, the stock closed just 0.1% higher.

U.S. Treasury yields climbed on Thursday as investors waited for signals on monetary policy from central bankers’ comments at the Jackson Hole, Wyoming meeting on Friday. The yield on the benchmark 10-year Treasury note was higher at 4.241%, after hitting a 16-year high earlier this week.

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

Plan A: Short if market failed to support above 4389. Targets are 4372 and 4363.

Plan B: Long if market supported firm above 4389. Targets are 4402 and 4418.




E-Mini Nasdaq

Stocks fell sharply Thursday after a tech rally, sparked by stronger-than-expected Nvidia results, was short-lived. Traders also braced for a key speech from Federal Reserve Chairman Jerome Powell.

The tech-heavy Nasdaq Composite shed 1.87% to 13,463.97.

A strengthening U.S. Dollar, a strong interest rate differential and improving economic conditions would typically be positives for the U.S. economy.

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

Plan A: Short if market failed to support above 14849. Targets are 14813 and 14782.

Plan B: Long if market retraced but supported firm above 14849. Targets are 14876 and 14899.

HSI

Asia-Pacific markets rose on Thursday, with Hong Kong stocks leading regional gains. The Hang Seng index climbed 1.93% in its final hour, while mainland Chinese markets were also up, with the CSI 300 gaining 0.72% and closing at 3,723.43.

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

Plan A: Remain long if the market stays above 17656. Targets are 18125 and 18281.

Plan B: Consider short only if the market stays above 17656. Targets are 17500 and 17344.

WTI Crude

Oil prices edge higher in early Asian trade amid production curbs by OPEC that have led to a sharp fall in global oil inventories over the past month, according to data from Kpler. 

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

Plan A: Remain short as long as oil price stays below 79.69. Targets are 78.13 and 77.73.

Plan B: Consider long only if oil price stays above 79.69. Targets are 80.47 and 81.25.

Gold

Gold was subdued below $1,920 an ounce on Friday, facing pressure from a strong dollar as investors prepared for Federal Reserve Chair Jerome Powell’s Jackson Hole speech for clues on the path for US monetary policy.

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

Plan A: Remain long as long as gold price stays above 1906.25. Targets are 1921.87 and 1929.68.

Plan B: Attempts short only if gold price stays below 1906.25. Targets are 1898.43 and 1890.62.

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.