Sunday, April 28, 2024

29 April 2024 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
Futures tied to the index added 0.1%. Dow Jones Industrial Average futures rose 58 points, or 0.2%. That announcement comes ahead of April’s nonfarm payrolls report expected Friday. Traders analyze the data for insights into the strength of the labor market given its role in the monetary policy decision making process and the country’s broader economic health.

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

Plan A: Remain long as long as market trades above 38557. Targets are 38710 and 38886.

Plan B: Consider short if market stays below 38557. Targets are 38320 and 38150.




E-Mini S&P 500

S&P 500 futures inched higher Sunday night as the broad index came off its best week in several months. Traders are looking ahead to a week with more corporate earnings, key labor data and a Federal Reserve meeting.

Earnings season continues this week, with releases from major names including McDonald’sCoca-ColaApple and Amazon. It’s shaping up to be a strong quarter: Of the more than 45% S&P 500-listed firms that have posted results so far, about four out of every five have surpassed expectations, according to FactSet.


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

Plan A: Long if market supported firm above 5140. Targets are 5159 and 5169.

Plan B: Short if market failed to support above 5140. Targets are 5129 and 5110.




E-Mini Nasdaq

With a rally of 4.2%, the Nasdaq Composite also saw its best weekly performance going back to November and its first winning week in the last five.

Monetary policy will take center stage later in the week, with the Fed set to release its latest interest rate announcement on Wednesday. While the central bank is widely anticipated to keep the borrowing cost unchanged, investors will still closely monitor the post-announcement press conference with Chair Jerome Powell.

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

Plan A: Long if market retraced but supported firm above 17892. Targets are 17920 and 17962. 

Plan B: Short if market fall below 17892. Target are 17852 and 17799.

HSI
Hong Kong stocks rose at the open Monday, extending advances into a sixth day, following a strong lead from Wall Street ahead of the Federal Reserve's latest policy decision this week.

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

Plan A: Consider long only if the market stays above 17800. Targets are 17852 and 17920.

Plan B: Remain short if the market stays below 17800. Targets are 17752 and 17726.

WTI Crude
Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts oil demand.

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

Plan A: Remain short as long as oil price stays below 82.76. Targets are 80.25 and 78.14.

Plan B: Consider long only if oil price stays above 82.76. Targets are 83.15 and 85.20.


Gold
The precious metal may soon have to face the reality of the Fed funds rate remaining higher for longer after inflation data proved worrisome on Friday. A string of hotter-than-expected price data culminated in Friday’s PCE print where both headline and core inflation beat expectations.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Feb subscription.

Plan A: Remain short as long as gold price stays below 2329.35. Targets are 2315.14 and 2301.08.
Plan B: Attempts long only if gold price stays above 2329.35. Targets are 2338.21 and 2352.71.


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. 

No comments:

Post a Comment

29 April 2024 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. Foll...