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.
E-Mini Dow
The Dow Jones Industrial Average rose 345.09 points, or 1.05%, to 33,220.80, recovering nearly all of its losses from the previous session.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
Plan A: Remain short as long as market trades below 33203. Targets are 33008 and 32813.
Plan B: Consider long if market stays above 33203. Targets are 33398 and 33496.
E-Mini S&P 500
Stocks jumped on Thursday as investors headed into the final trading days of 2022.
The market pushed higher early Thursday after the Labor Department reported an increase in jobless claims from last week, amid Federal Reserve efforts to cool the economy and in particular the labor market.
First-time filings for unemployment benefits totaled 225,000 for the week ended Dec. 24, according to the report. That was an increase of 9,000 from the previous week and slightly above the 223,000 estimate from Dow Jones.
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 3785. Targets are 3792 and 3809.
Plan B： Short if market failed to support above 3785. Targets are 3772 and 3769.
E-Mini Nasdaq
The market action follows a broad selloff during the regular session Wednesday as recession fears weighed on investor sentiment in a losing month and year. The Dow lost 365.85 points, or 1.1%. The S&P 500 fell 1.2%, while the Nasdaq Composite dropped 1.35%.
The major averages are headed toward their worst year since 2008. The Dow has lost 8.58%, while the S&P 500 shed 19.24%. Meanwhile, the Nasdaq is the laggard of the three, down 33.03% as investors dumped growth stocks amid rising interest rates.
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 10719. Targets are 10746 and 10775.
Plan B: Short if market failed to support above 10719. Targets are 10688 and 10653.
HSI
The Hang Seng index gained 77 points after China said it would drop its quarantine requirements for inbound visitors starting January 8.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
Plan A: Remain short if the market stays below 19844. Targets are 19531 and 19375.
Plan B: Consider long only if the market stays above 19844. Targets are 20000 and 20156.
WTI Crude
WTI crude futures fell to below the $78 per barrel level on Wednesday, retreating from the three-week high of $81 in the previous session as soaring Covid deaths in China could prevent recent reopening measures from significantly increasing economic activity, erasing prior expectations of more energy demand from the world’s top consumer.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
Plan A: Remain short as long as oil price stays below 79.69. Targets are 78.13 and 77.34.
Plan B: Consider long only if oil price stays above 79.69. Targets are 80.47 and 81.25.
Gold
Gold prices dropped 1% after reaching a six-month peak in the previous session, as a stronger dollar and higher Treasury yields weighed.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
Plan A: Remain long as long as gold price stays above 1804.7. Targets are 1820.3 and 1828.1.
Plan B: Attempts short only if gold price stays below 1804.7. Targets are 1800.8 and 1796.9.
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.
0 comments:
Post a Comment