18 Apr 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

Major U.S. stock indexes posted modest gains on Monday, helped by financial and industrial shares, while investors braced for a heavy week of corporate results and comments from Federal Reserve officials that could give more insight into the path of interest rates.

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

Plan A: Remain long as long as market trades above 33984. Targets are 34180 and 34277.

Plan B: Consider short if market stays below 33984. Targets are 33887 and 33789.

E-Mini S&P 500

The S&P 500 rose Monday as traders combed through the latest batch of corporate earnings results, searching for clues on the health of corporate America.

As companies grapple with sticky inflation and higher rates, many investors have braced for a downbeat earnings season, but data from Bank of America suggests that companies so far are hanging on. Of the names that reported during week one, 90% topped EPS estimates. That’s the best beat rate to start earnings season since at least 2012, the bank said.

Despite signs of strength, Stovall cautions drawing overall conclusions as Wall Street awaits reports from areas expected to see double-digit year-over-year declines, including health care and communication services.

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

Plan A: Long if market supported firm above 4143. Targets are 4153 and 4171.

Plan B: Short if market failed to support above 4143. Targets are 4133 and 4118.

E-Mini Nasdaq

Wall Street is closely monitoring the health of financial names this earnings period after Silicon Valley Bank’s collapse last month spurred a liquidity crisis and rocked the broader sector.

The broad index has seen a median advance of 0.83% in the week’s worth of trading days following the tax deadline, according to a Bespoke Investment Group analysis of the past 25 years. This year’s deadline is Tuesday.

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

Plan A: Long if market retraced but supported firm above 13055. Targets are 13089 and 13122.

Plan B: Short if market failed to support above 13055. Targets are 13020 and 13000.

HSI

Hong Kong stocks rallied with other Asian markets on Monday, extending gains to a third day, ahead of the release of key Chinese growth data.

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

Plan A: Remain long if the market stays above 20469. Targets are 20938 and 21094.

Plan B: Consider short only if the market stays below 20469. Targets are 20313 and 20156.

WTI Crude

crude oil closed lower on Monday, though the commodity remains rangebound despite Friday's warning from the International Energy Agency (IEA) that demand will outstrip demand in the second half as demand from China continues to rise.

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

Plan A: Remain short as long as oil price stays below 82.03. Targets are 80.47 and 80.08.

Plan B: Consider long only if oil price stays above 82.03. Targets are 82.81 and 83.20.

Gold

Gold reversed course to slip below the key $2,000 level on Monday, pressured by a stronger dollar and higher Treasury yields, while investors looked for cues on whether the market will see a 'one and done' rate hike by the U.S. Federal Reserve in May.

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

Plan A: Remain short as long as gold price stays below 2023.4. Targets are 1992.2 and 1984.4.

Plan B: Attempts long only if gold price stays above 2023.4. Targets are 2039.1 and 2054.7.

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.