1 Dec 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 ended sharply higher on Wednesday after Federal Reserve Chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.

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

Plan A: Remain long as long as market trades above 33984. Targets are 34766 and 35156.

Plan B: Consider short if market stays above 33984. Targets are 33789 and 33398.

E-Mini S&P 500

Stocks saw broad gains Wednesday after Federal Reserve Chair Jerome Powell confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign that has weighed on markets.

The S&P 500 added 3.09% to 4,080.11.

Wednesday’s rally provided an 11th-hour boost to a winning November. The Dow and S&P 500 ended the month up roughly 5.7% and about 5.4%, respectively.

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

Plan A: Long only if market supported firm above 4084. Targets are 4092 and 4108.

Plan B: Short if market rebounded but failed to support above 4084. Targets are 4075 and 4063.
 

E-Mini Nasdaq

The Dow Jones Industrial Average closed up 737.24 points, or 2.18%, to 34,589.77. Meanwhile, the tech-heavy Nasdaq Composite jumped 4.41% to 11,468.00.

Job openings fell in October slightly more than expected but remained well above the number of available workers, the Labor Department reported Wednesday.

The yield on the 10-year U.S. Treasury ticked up about 4 basis points to trade at 3.752% on Tuesday. At the same time, the two-year yield rose slightly to 4.481%. Yields move inverse to price, and a basis point is equal to 0.01%.

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

Plan A: Long if market supported firm above 12041. Targets are 12078 and 12108.

Plan B: Short if market rebounded but failed to support above 12041. Targets are 12012 and 11987.

HSI

Equities in Hong Kong surged 392 points or 2.16% to finish at over 10-week high of 18,597 on Wednesday, extending gains from the day before and climbing 20.4% for the month, amid mounting signs that China may soon exit from COVID-zero policy and after a slew of policy support from Beijing for the troubled property sector.

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

Plan A: Remain long if the market stays above 18125. Targets are 19375 and 19688.

Plan B: Consider short only if the market stays below 18125. Targets are 17813 and 17500.

WTI Crude

crude oil closed higher on Wednesday on as China begins vaccinating senior citizens against Covid-19 as it looks to slow infections in the country, while some still expect OPEC+ could again reduce quotas when it meets virtually on Sunday and a report showed a big drop in US oil stocks

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

Plan A: Remain long as long as oil price stays above 78.13. Targets are 81.25 and 82.18.

Plan B: Consider short only if oil price stays below 78.13. Targets are 77.34 and 75.00.

Gold

Gold rose on Wednesday as the dollar eased and was headed for its biggest monthly gain in more than two years, while investors braced for a speech by U.S. Federal Reserve Chair Jerome Powell for hints on future interest rate rises.

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

Plan A: Remain long as long as gold price stays above 1765.6. Targets are 1796.9 and 1804.7.

Plan B: Attempts short only if gold price stays below 1765.6. Targets are 1757.8 and 1750.

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.