Tuesday, January 10, 2023

11 Jan 2023 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

U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.

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 market trades above 33594. Targets are 33984 and 34375.

Plan B: Consider short if market stays below 33594. Targets are 33984 and 33203.


E-Mini S&P 500

Stocks advanced Tuesday as investors continued building on the new year's early rally while waiting for economic data and corporate earnings coming later in the week

Billionaire investor Paul Tudor Jones was optimistic on the stock market Tuesday morning, saying the Federal Reserve likely would not break the economy, halting rate hikes before it does so. Jones, who noted he wasn’t making a specific forecast, said there was huge demand for stocks on the way this year due to share repurchases and mergers.

Investors came into the new year worried that higher interest rates could tip the economy into a recession. However, many appear to be mounting bets that inflation is starting to ease. They will watch consumer price index data coming Thursday and big bank earnings on Friday for any clues into the health of the economy or signals of how the Fed will move interest rates going forward.

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: Long if market supported firm above 3884. Targets are 3893 and 3909.

Plan B: Short if market failed to support above 3884. Targets are 3872 and 3869. 

E-Mini Nasdaq

The Dow Jones Industrial Average gained 186.45 points, or 0.56%, to end at 33,704.10. The S&P 500 traded up 0.70%, to close at 3,919.25 points.

The Nasdaq Composite Once again led the way, gaining 1%. Tuesday marked the first three-day win streak for the technology-heavy index since November.

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: Long if market supported firm above 10960. Targets are 10993 and 11025.

Plan B: Short if market failed to support above 10960. Targets are 10925 and 10888.

HSI
The Hang Seng was down 56 points or 0.27% to finish at 21,331 on Tuesday, moving away from near 6-month-highs hit in the prior session, as some traders booked their profits amid fears that a surge in COVID cases might happen across rural areas in China as millions are expected to travel for the Lunar New Year festival later this month.

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 if the market stays above 21250. Targets are 21875 and 22188.

Plan B: Consider short only if the market stays below 21250. Targets are 20938 and 20625.

WTI Crude
crude oil rose for a fourth-straight session Tuesday on optimism demand from China is on the rise, while the US this week is expected to report inflation slowed again in December, easing pressure on the Federal Reserve to further slow the economy.

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 75.78. Targets are 73.83 and 73.05.

Plan B: Consider long only if oil price stays above 75.78. Targets are 76.56 and 77.34.


Gold
Gold prices held firm near an eight-month peak on Tuesday, buoyed by a weaker dollar and hopes of slower U.S. rate hikes after the Federal Reserve Chair Jerome Powell failed to provide more clarity on tightening path.
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 1867.2. Targets are 1882.8 and 1890.6.
Plan B: Attempts short only if gold price stays below 1867.2. Targets are 1851.6 and 1843.8.


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. 

No comments:

Post a Comment

29 April 2024 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. Foll...