17 Aug 2022 Foreign

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

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 期货交易, 势在必得' 

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

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E-Mini Dow

The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq.

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Plan A: Remain long as long as market trades above 33789. Targets are 34180 and 34375.

Plan B: Consider short if market stays below 33594. Targets are 33398 and 33203.

E-Mini S&P 500

The Dow Jones Industrial Average rallied on Tuesday, rising for a fifth day as earnings results from Walmart and Home Depot showed consumer spending could remain strong enough to keep the economy from tipping over into a downturn.

S&P 500 inched 0.19% higher to 4,305.20.

The 30-stock index opened Tuesday’s session in negative territory before rallying as much as nearly 369 points at session highs thanks to a boost from Walmart and Home Depot. Shares of both retailers popped as Walmart reiterated its second-half outlook and Home Depot maintained its 2022 guidance.

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Plan A: Long only if market supported firm above 4302. Targets are 4319 and 4335.

Plan B : Short if market failed to support above 4302. Targets are 4294 and 4288.

E-Mini Nasdaq

Stock futures were mostly flat on Wednesday morning after two of the country’s big box chains, Walmart and Home Depot, pushed the Dow and S&P 500 higher and set the stage for more retail earnings this week.

Nasdaq Composite slipped 0.19% to 13,102.55.

As investors digest earnings, they’re also looking to U.S. retail sales data for the month of July for clues on how consumers are managing the impact of rising inflation and high gasoline prices.

Economists expect the report to show consumers increased spending just 0.1% in the month, according to Dow Jones. The release is scheduled for 8:30 Wednesday morning.

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Plan A: Long if market supported firm above 13638. Targets are 13662 and 13701.

Plan B : Short if market failed to support above 13638. Targets are 13492602 and 13569.

HSI

The Hong Kong Hang Seng Index opened higher but slipped in trading, finishing off 1.1% as investors again backed away from tech issues. Property shares rose on media reports that Beijing plans to provide guarantees for onshore bond sales by property developers.

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Plan A: Remain short if the market stays below 20156. Targets are 19844 and 19688.

Plan B: Consider long only if the market stays above 20000. Targets are 20156 and 20313.

WTI Crude

Oil prices fell about 3% on Tuesday to their lowest since before Russia's invasion of Ukraine as economic data spurred concerns about a potential global recession, while the market awaited clarity on talks to revive a deal that could allow more Iranian oil exports.

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Plan A: Remain short as long as oil price stays below 90.63. Targets are 85.94 and 84.38.

Plan B: Consider long only if oil price stays above 90.63. Targets are 91.41 and 92.19.

Gold

Gold edged lower on Tuesday as the dollar held close to a near three-week high, while investors awaited direction on interest rate hikes from minutes of the U.S. Federal Reserve's last meeting.

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Plan A: Remain short as long as gold price stays below 1796.9. Targets are 1785.2 and 1781.3.

Plan B: Attempts long only if gold price stays above 1796.9. Targets are 1800.8 and 1804.7.

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.