Thursday, July 1, 2021

02 July 2021 Foreign

                 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


The S&P 500 reached its sixth consecutive all-time closing high while Dow gained 131-points on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.

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

Plan A : Remain buy as long as market trades firmly above 34297. Targets are 34526 and 34733.

Plan B : Consider short only if market surges but fails to breach above 34526. Targets are 34362 and 34297.



E-Mini S&P 500

The S&P 500 rose on Thursday and hit another record high as Wall Street kicked off the second half of 2021 on a positive note.

The benchmark index rose 0.5% and notched its sixth-straight record close, settling above 4,300 for the first time at 4,319.94. 

A stretch of strong economic news continued on Thursday as weekly initial jobless claims came in at 364,000, setting a pandemic-era low. Additionally, the Institute for Supply Management’s June manufacturing index showed an expansion that was roughly in line with expectations, and the Congressional Budget Office hiked its estimates for economic growth.

The most anticipated piece of economic news this week is Friday's monthly jobs report. Economists expect 683,000 jobs were added in June, according to a Dow Jones survey.

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

Plan A : Long if market supported firm above 4307. Targets are 4323, 4341 and 4352.

Plan B : Short if market failed to support above 4307. Targets are 4280, 4256 and 4229.


E-Mini Nasdaq

Futures contracts tied to the major U.S. stock indexes were mildly higher in early Friday morning trade as Wall Street awaited the key June jobs report and another glimpse at the recovering U.S. labor market.

U.S. investors await the Labor Department's all-important monthly jobs report that on Friday will show how many payrolls American employers added last month.

Economists expect nonfarm payrolls grew by 706,000 jobs in June and that the unemployment rate fell to 5.6% from 5.8%, according to Dow Jones. If employers added as many jobs as expected, the print would top the 559,000 jobs created in May.

Inflation is the purview of the Federal Reserve, which could move to curb its easy monetary policies sooner than expected — and potentially upset markets — if prices rise too fast.

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

Plan A : Short if market failed to support above 14524. Targets are 14480, 14438 and 14397.

Plan B : Long if market supported firm above 14524. Targets are 14555, 14588 and 14618.
 



HSI

Hong Kong stocks slipped on Wednesday, as energy and IT firms retreated after subdued Chinese factory activity data, but they posted quarterly gains.

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

Plan A : Remain short as long as market stays trading below 28818. Targets are 28539 and 28233.

Plan B : Consider long only if market tested support at 28233 and rebound. Targets are 28539 and 28744.



WTI Crude

Oil prices broke above $75 a barrel on Thursday to a near three-year-high ahead of a decision from key producers on production policy for the second half of 2021.

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

Plan A : Remain buy as long as oil price trades resiliently above 74.3. Targets are 75.8 and 76.8.

Plan B : Consider short only if oil price fails to breach and hold firm above 75.8. Targets are 74.8 and 74.3.



Gold

Gold edged up on Thursday as a more than 7% slide in June prompted some traders to buy the metal amid concerns over the Delta variant of the coronavirus, but moves were capped by caution over Friday's U.S. payrolls data and a strong dollar.

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


Plan A : Attempt buy if gold price trades resiliently above 1766.1. Targets are 1774 and 1780.

Plan B : Consider short if gold price recovers but fails to breach above 1774. Targets are 1766.1 and 1750.




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...