11 Aug 2022 Foreign

 

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

*~Let's Meet UP~*

Join Us For A Zoom Workshop, 'Futures Leading the Way (Chinese Session) 期货交易, 势在必得' 

17th August 2022 (Wednesday) 8pm - 9pm

Please Register Here: https://forms.gle/v1z6gGv4Udce2hAt5

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 surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.

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

Plan A: Remain long as long as market trades above 33008. Targets are 33398 and 33594.

Plan B: Consider short if market stays below 32190. Targets are 32813 and 32715.

E-Mini S&P 500

Stocks rose sharply on Wednesday after a key inflation reading showed a better-than-expected slowdown for rising prices.

The S&P 500 gained 2.13% to 4,210.24, its highest level since early May. 

The headline consumer price index for July rose 8.5% year over year and was flat compared with June. Economists surveyed by Dow Jones were expecting increases of 8.7% and 0.2%, respectively.

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

Plan A: Long only if market supported firm above 4222. Targets are 4236 and 4249.

Plan B : Short if market failed to support above 4222. Targets are 4218 and 4201.

E-Mini Nasdaq

The combination of a strong jobs report and slowing inflation in July means the debate about whether the U.S. economy is in a recession can be put on the backburner, according to a prominent economist.

The Nasdaq Composite rose 2.89% to 12,854.80 for its best close since late April.

The yield on the benchmark 10-year Treasury note tumbled 9 basis points to 2.67%, hitting the lowest level in a week. The yield on the 30-year Treasury bond fell 6 basis points to 2.96%.

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

Plan A: Long if market supported firm above 13429. Targets are 13456 and 13487.

Plan B : Short if market failed to support above 13429. Targets are 13393 and 13364.

HSI

The Hong Kong Hang Seng Index opened lower and declined to the close, finishing off 2% as traders again eschewed tech and property issues.

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

Plan A: Remain long if the market stays above 19688. Targets are 20000 and 20313.

Plan B: Consider short only if the market stays below 19531. Targets are 19375 and 19219.

WTI Crude

Oil prices rose on Wednesday, rebounding from losses early in the session, helped by encouraging figures on U.S. gasoline demand and as lower-than-expected U.S. inflation data drove investors into riskier assets.

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

Plan A: Remain long as long as oil price stays above 89.06. Targets are 92.19 and 93.75.

Plan B: Consider short only if oil price stays below 89.84. Targets are 88.28 and 87.50.

Gold

Gold managed a small gain on Wednesday, moving higher for a third-straight session as the dollar fell sharply after United States reported inflation moderated in July but remained high.

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

Plan A: Remain long as long as gold price stays above 1796.9. Targets are 1816.4 and 1820.3.

Plan B: Attempts short only if gold price stays below 1793. Targets are 1789.1 and 1785.2.

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.