WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
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
Wall Street's main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week's policy meeting at the Federal Reserve and how aggressively it will hike interest rates.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A: Remain short as long as market trades below 31640. Targets are 30468 and 30078.
Plan B: Consider long if market stays above 31250. Targets are 31641 and 32031.
E-Mini S&P 500
Stocks closed higher on Monday in a volatile trading session ahead of the Federal Reserve’s two-day policy meeting slated to kick off Tuesday.
The S&P 500 gained 0.69% to 3,899.89.
Yields pushed higher ahead of the Fed’s likely decision to raise its benchmark rate by another 75 basis points to snuff out inflation later this week. The 10-year Treasury yield topped 3.51% and hit its highest level in 11 years.
After some brief hope over the summer that the Fed may be done with its aggressive tightening campaign, investors have been dumping stocks again on fears the central bank will go too far and tip the economy into a recession.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A : Long if market retraced but supported firm above 3906. Targets are 3912 and 3928.
Plan B : Short if market failed to support above 3906. Targets are 3892 and 3880.
E-Mini Nasdaq
The Dow Jones Industrial Average jumped 197.26 points.
Nasdaq Composite added 0.76% to end at 11,535.02.
Investors are focused on the Fed’s policy meeting slated to begin Tuesday, where the central bank is expected to raise interest rates by another 75 basis points. Investors are also watching for guidance about corporate earnings before the next reporting season begins in October.
A few economic data releases on deck this week beyond the key Fed meeting, including August housing starts on Tuesday and initial jobless claims on Thursday.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A : Long if market retraced but supported firm above 11978. Targets are 12004 and 12039.
Plan B : Short only if market failed to support above 11978. Targets are 11942 and 11915.
HSI
Share markets idled in Asia on Monday as investors braced for a week littered with 13 central bank meetings that are certain to see borrowing costs rise across the globe and some risk of a super-sized hike in the United States.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A: Remain long if the market stays above 18438. Targets are 18750 and 18906.
Plan B: Consider short only if the market stays below 18906. Targets are 18594 and 18438.
WTI Crude
Oil prices edged slightly higher in volatile trading on Monday, as worries of tight supplies outweighed fears that global demand could slow due to a strong U.S. dollar and possible large increases to interest rates.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A: Remain long as long as oil price stays above 84.38. Targets are 85.94 and 87.5.
Plan B: Consider short only if oil price stays below 85.94. Targets are 84.38 and 82.81.
Gold
Gold prices weakened on Monday, back toward a 29-month low hit on Friday, as the dollar and Treasury yields firmed on expectations the U.S. Federal Reserve will deliver a steep interest rate hike when it meets this week.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A: Remain long as long as gold price stays above 1671.9 Targets are 1687.5 and 1695.3.
Plan B: Attempts short only if gold price stays below 1671.9. Targets are 1664.1 and 1648.4.
0 comments:
Post a Comment