WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
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E-Mini Dow
The S&P 500 and Dow rose in a broad-based rally on Friday with technology, healthcare and financial stocks providing the biggest life as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.
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Plan A : Attempt short if market trades below 32945. Targets are 32686 and 32565.
Plan B : Consider long only if market supported firmly above 32686 and rebound. Targets are 32945 and 33050.
E-Mini S&P 500
U.S. market leaped higher with S&P 500 closed at historical high benefited from a successful economic reopening outperformed again.
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Plan A : Long if market supported firm above 3926. Targets are 3962 and 3972.
Plan B : Short if market surges but fails to breach above 3962. Targets are 3942 and 3926.
E-Mini Nasdaq
Plan A : Long if market supported firm above 3926. Targets are 3962 and 3972.
Plan B : Short if market surges but fails to breach above 3962. Targets are 3942 and 3926.
The Nasdaq ended higher on Friday as less popular tech shares advanced, but the composite index posted its second weekly decline in a row.
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Plan A : Long if market supported firm above 12800. Targets are 12887, 12969 and 13021.
Plan B : Short if market surges but fails to breach above 12969. Targets are 12887 and 12805.
Plan A : Long if market supported firm above 12800. Targets are 12887, 12969 and 13021.
Plan B : Short if market surges but fails to breach above 12969. Targets are 12887 and 12805.
HSI
Hong Kong's Hang Seng Index ended higher on Friday supported by gains in technology companies, but rising tensions between the West and China led the benchmark index to post losses for the week.
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Plan A : Remain buy as long as market stays firm above 28118. Targets are 28380 and 28539.
Plan B : Consider short only if market rebounds but fails to breach above 28539. Targets are 28380 and 28118.
WTI Crude
Oil prices bounced back on Friday from a plunge a day earlier on concerns that a large container ship that ran aground in the Suez Canal may block the vital shipping lane for weeks, squeezing supply.
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Plan A : Attempt buy if oil price trades firmly above 59.8. Targets are 61.4 and 62.6
Plan B : Consider short only if oil price surges but fails to breach above 61.4. Targets are 60.8 and 59.8
Gold
Gold prices edged up slightly on Friday but a stronger dollar and a rise in U.S. Treasury yields still put the metal on course for its first weekly decline in three.
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