26 May 2022 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

Wall Street closed higher Wednesday, boosted after minutes from the Federal Reserve's latest monetary policy meeting showed policymakers unanimously felt the U.S. economy was very strong as they grappled with reining in inflation without triggering a recession.

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

Plan A: Remain long as long as market trades above 31836. Targets are 32227 and 32422.

Plan B: Consider short if market stays below 31641. Targets are 31445 and 31250.

E-Mini S&P 500

Stocks rose on Wednesday after the minutes of the Federal Reserve’s May policy meeting showed the central bank is prepared to raise rates further than the market had anticipated.

The S&P 500 climbed 0.9% to 3,978.73.

The minutes from the Fed’s May 3-4 meeting showed officials saw the need to raise rates quickly, and possibly more than the market has priced in, to quell the recent inflationary pressures.

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

Plan A: Short if market failed to support above 3978. Targets are 3969 and 3956. 

Plan B: Long only if market supported firm above 3978. Targets are 3982 and 3992.

E-Mini Nasdaq

Stock futures were mixed on Wednesday evening as investors digested a disappointing update from Nvidia, an economic bellwether in the technology industry.

Nasdaq Composite advanced 1.5% to 11,434.74.

The yield on the 10-year U.S. Treasury note was little changed following the release, stalled at roughly 2.75%, but stocks bounced to session highs after the minutes were released. Recently, investor fears have shifted away from higher rates and toward the possibility of a recession as inflation remains near 40-year highs.

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

Plan A: Short if market failed to support above 11915. Targets are 11886 and 11850.

Plan B: Long if market supported firm above 11915. Targets are 11943 and 11978.

HSI

Asian stock markets edged unevenly higher Wednesday after China's central bank urged lenders to quicken the pace of lending on Tuesday. Hong Kong and Shanghai finished in the green, although Tokyo lost ground. Other regional exchanges mostly gained.

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

Plan A: Remain long if the market stays above 20078. Targets are 20313 and 20469.

Plan B: Consider short only if the market stays below 20000. Targets are 19922 and 19844.

WTI Crude

Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to their highest level since before the coronavirus pandemic started.

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

Plan A: Remain long as long as oil price stays above 110.16. Targets are 111.33 and 112.50.

Plan B: Consider short only if oil price stays below 108.98. Targets are 108.59 and 107.81.

Gold

Gold pared some losses on Wednesday after minutes from a Federal Reserve meeting suggested the central bank would stick to raising interest rates by half a percentage point in the June and July meetings.

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

Plan A: Remain long as long as gold price stays above 1843.8. Targets are 1859.4 and 1867.2.

Plan B: Attempts short only if gold price stays below 1835.9. Targets are 1828.1 and 1820.3.

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.