23 Feb 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

Wall Street's equity indexes struggled on Wednesday while investors guessed at the Federal Reserve's future policy path by pouring over minutes released at 1400 EST from the FOMC meeting that ended on Feb. 1.

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

Plan A: Remain short as long as market trades below 33398. Targets are 32910 and 32813.

Plan B: Consider long if market stays above 33398. Targets are 33594 and 33789.

E-Mini S&P 500

Stocks ended lower on Wednesday as traders parsed through a summary of the Federal Reserve’s most recent meeting, looking for clues on the central bank’s next move against inflation.

Fed officials also noted that “inflation data received over the past three months showed a welcome reduction in the monthly pace of price increases but stressed that substantially more evidence of progress across a broader range of prices would be required to be confident that inflation was on a sustained downward path,” the minutes said.

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

Plan A: Short if market failed to support above 4003. Targets are 3995 and 3982.

Plan B: Long if market supported firm above 4003. Targets are 4015 and 4029.

E-Mini Nasdaq

 The Nasdaq Composite rose 0.13% to close at 11,507.07.

The minutes were released after St. Louis Fed President James Bullard cautioned earlier Wednesday that the central bank’s fight against inflation is far from over. 

Mounting concerns that the Fed will continue hiking rates spooked investors Tuesday and pushed stocks to their worst day of 2023.

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

Plan A: Long if market retraced but supported firm above 12084. Targets are 12115 and 12148.

Plan B: Short if market failed to support above 12084. Targets are 12052 and 12021.

HSI

The Hang Seng index was 0.46% lower in its final hour of trade, while the Hang Seng Tech index fell 1.56% as investors digested Hong Kong’s budget. Financial Secretary Paul Chan said the economy shrank by 3.5% in 2022.

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

Plan A: Remain short if the market stays below 20625. Targets are 20156 and 20000.

Plan B: Consider long only if the market stays above 20625. Targets are 20781 and 20938.

WTI Crude

crude oil fell for a sixth-straight day on Wednesday as recession concerns continue to dominate trading with the Federal Reserve looking to raise interest rates to slow inflation.

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

Plan A: Remain short as long as oil price stays below 75.78. Targets are 73.44 and 72.66.

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

Gold

Gold prices fell on Wednesday as the dollar rose after minutes from the U.S. Federal Reserve's latest policy meeting showed policymakers backed more interest rate hikes to tame inflation.

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

Plan A: Remain short as long as gold price stays below 1843.8. Targets are 1828.1 and 1824.2.

Plan B: Attempts long only if gold price stays above 1843.8. Targets are 1851.6 and 1855.5.

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.