Tuesday, June 2, 2020

03 June 2020 Foreign

FUTURESCOIN IS GOING GLOBAL


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

If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.


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


E-Mini Dow

U.S. stock index futures hit a three-month high on Tuesday as hopes of a rebound from a coronavirus-led economic slump prevailed over fears of disruption from widespread protests over race in the country. Some of the worst-hit stocks in the travel sector, including American Airlines Group Inc, United Airlines, Norwegian Cruise Line and Carnival Corp, climbed between 3.1% and 5.0% in premarket trading.
Investors, however, are keeping a close eye on Sino-U.S. tensions and protests in the United States over the death of a black man in police custody.

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

Plan A : Short if market does not breach above 25825. Targets are 25780 and 25725.
Plan B : Cut above 25860.
Plan C : Continue to long if market stays firm above 25625. Targets are 25670 and 25725.
Plan D : Cut below 25590.


E-Mini S&P 500


Stocks closed broadly higher on Wall Street Tuesday, extending the market’s winning streak to a third day.

The latest gains, which followed a rally in global stocks, were driven by optimism that the global economy will begin to recover as governments gradually allow businesses that were closed due to the coronavirus outbreak to re-open.

The S&P 500 closed 0.8 percent higher after spending much of the morning wavering. Technology, industrial, and health care sector stocks accounted for a big slice of the gains. Energy stocks far outpaced the rest of the market as the price of crude oil rose again.
Bond yields rose, another sign of ebbing pessimism among investors. The yield on the 10-year Treasury rose to 0.68 percent from 0.66 percent late Monday.
So far, Wall Street’s momentum has not been derailed by the wave of daily unrest across the United States that began last week in Minneapolis as a protest over police brutality. Cities across the country have been rocked by violence and destruction for seven days in a row, drawing threats from the White House to send in troops.

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan A : Short if market failed to support above 3075.50. Targets are 3048.25, 3025.25 and 3007.50.
Plan B : Long if market retraced but supported firm above 3075.50. Targets are 3099.25, 3121.50 and 3145.75.

E-Mini Nasdaq

U.S. stock futures rose in early morning trading on Wednesday as Wall Street continues to rally on optimism over economies emerging from coronavirus-led shutdowns.
Dow futures rose 129 points, implying a Wednesday opening gain of about 116 points. Futures for the S&P 500 and Nasdaq were also up, pointing to a positive start for the two indexes

The S&P 500 gained 25.09 points to 3,080.82. The Dow Jones industrial average rose 267.63 points, or 1.1 percent, to 25,742.65. The Nasdaq Composite, which is heavily weighted with technology companies, added 56.33 points, or 0.6 percent, to 9,608.37. The index had been down 0.8 percent in the early going.

The Nasdaq Composite was the relative under-performer, gaining 0.6% as investors focused on the economic reopening and rotated out of the stay-at-home plays. 

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

Plan A : Short if market failed to support above 9631.25. Targets are 9590.25, 9559.50 and 9528.25.
Plan B : Long if market retraced but supported firm above 9631.25. Targets are 9658.50, 9690.25 and 9725.75.  


HSI

Hong Kong shares extended gains on Tuesday to scale a near two-week peak, supported by optimism over Beijing’s coronavirus recovery effort.

At the close of trade, the Hang Seng index was up 263.42 points or 1.11% at 23,995.94. The Hang Seng jumped the most in two months on Monday after U.S. President Donald Trump’s measured response to China’s national security law on Hong Kong. 

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

Plan A : Attempt short if market surge but does not breach above 24415. Targets are 24340 and 24255. Cut above 24510.

Plan B : Attempt to long if market holds firm above 24056. Targets are 24130 and 24250. Cut below 23970.



WTI Crude

Oil prices were up about $1 a barrel on Tuesday on expectations that major producers will agree to extend output cuts during a video conference likely to be held this week and as countries and U.S. states begin to restart after coronavirus lockdowns.

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

Plan A : Remain buy as long as oil price stays firm above 36.1
Plan B : Exit below 35.7
Plan C : Consider selling only if oil price falls below 36.8
Plan D : Cut above 37.4



Gold

Gold retreated 1% on Tuesday as investors booked profits and Wall Street rallied on optimism over economies emerging from coronavirus-led shutdowns.

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


Plan A : Remain buy as long as gold price stays firm above 1715
Plan B : Exit below 1709
Plan C : Consider selling if gold price trades below 1730
Plan D : Cut above 1734




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.

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...