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
Click here to contact us: https://goo.gl/B6Dccf
E-Mini Dow
The Nasdaq ended sharply lower on Thursday while Dow lost 29-points as the Federal Reserve's announcement of a faster end to its pandemic-era stimulus pushed investors away from Big Tech and toward more economically sensitive sectors.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your December subscription.
Plan A: Remain buy as long as market supports firmly above 35736. Targets are 36000 and 36270.
Plan B: Consider short if market trades below 35822. Targets are 35736 and 35583.
E-Mini S&P 500
U.S. stocks slid on Thursday as weakness among large tech stocks dragged down major market averages.
The S&P 500 shed 0.87% to 4,668.67.
Thursday’s moves erased much of a rally in the previous session that was spared by the Federal Reserve announcing a more aggressive plan to wind down its asset purchases and hike rates in 2022.
Investors were also keeping an eye on the rise of the omicron variant of Covid-19, as the positivity rate for Covid tests in New York has spiked in recent days.
U.S. stocks slid on Thursday as weakness among large tech stocks dragged down major market averages.
The S&P 500 shed 0.87% to 4,668.67.
Thursday’s moves erased much of a rally in the previous session that was spared by the Federal Reserve announcing a more aggressive plan to wind down its asset purchases and hike rates in 2022.
Investors were also keeping an eye on the rise of the omicron variant of Covid-19, as the positivity rate for Covid tests in New York has spiked in recent days.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your December subscription.
Plan A: Long if market retraced but supported firmly above 4662. Targets are 4672, 4686 and 4693.
Plan B: Short only if the market failed to support above 4662. Targets are 4650, 4645 and 4638.
E-Mini Nasdaq
U.S. stock futures were in negative territory early Friday morning as investors digested a trading day in which tech names struggled and dragged the rest of the market down with them.
the tech-focused Nasdaq Composite fell 2.47% for its worst day since September.
As investors continued to digest the news, as well as the impact of both rising inflation and the spread of the omicron Covid variant, they appeared to be rotating from high-growth tech names to consumer staples.
Weekly jobless claims came in slightly higher than expected Thursday, and housing starts for November were stronger than economists projected after declining in the prior month.
U.S. stock futures were in negative territory early Friday morning as investors digested a trading day in which tech names struggled and dragged the rest of the market down with them.
the tech-focused Nasdaq Composite fell 2.47% for its worst day since September.
As investors continued to digest the news, as well as the impact of both rising inflation and the spread of the omicron Covid variant, they appeared to be rotating from high-growth tech names to consumer staples.
Weekly jobless claims came in slightly higher than expected Thursday, and housing starts for November were stronger than economists projected after declining in the prior month.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your December subscription.
Plan A: Long if the market supported firmly above 15830. Targets are 15862, 15896 and 15924.
Plan B: Short if market failed to support above 15830. Targets are 15806, 15772 and 15745.
HSI
Hong Kong shares rose on Thursday after an upbeat economic outlook from the U.S. Federal Reserve boosted global risk sentiment, while the healthcare sector jumped more than 3% to snap a four-day slump.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your December subscription.
Plan A: Remain sell as long as market stays below 23767. Targets are 23444 and 23382.
Plan B : Consider long if market supports above 23382 and rebound. Targets are 23522 and 23622.
WTI Crude
Oil nudged above $75 a barrel on Thursday, supported by record U.S. implied demand and falling crude stockpiles, even as the spread of the Omicron coronavirus variant threatens to put a brake on consumption globally.
Plan B : Consider long if market supports above 23382 and rebound. Targets are 23522 and 23622.
WTI Crude
Oil nudged above $75 a barrel on Thursday, supported by record U.S. implied demand and falling crude stockpiles, even as the spread of the Omicron coronavirus variant threatens to put a brake on consumption globally.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your December subscription.
Plan A: Remain buy as long as oil price trades firmly above 71.3. Targets are 72.1 and 73.6.
Plan B : Consider short if oil price surges but fails to breach above 72.1. Targets are 71.8 and 70.8.
Gold
Gold was boosted on Thursday by a fall in the U.S. dollar, after the Federal Reserve decided to end its pandemic-era bond purchases early next year.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your December subscription.
Plan A: Remain buy as long as gold price trades firmly above 1784.2. Targets are 1800.5 and 1807.8.
Plan B: Consider short if gold price rebounds but fails to breach above 1800.5. Targets are 1796 and 1784.2
Plan B: Consider short if gold price rebounds but fails to breach above 1800.5. Targets are 1796 and 1784.2
0 comments:
Post a Comment