26 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 tumbled on Tuesday, as a combination of soft earnings from economic bellwether United Parcel and rekindled concerns about regional banks fueled anxiety about an economic slowdown.

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

Plan A: Remain short as long as market trades below 33789. Targets are 33643 and 33594.

Plan B: Consider long if market stays above 33789. Targets are 33887 and 33984.

E-Mini S&P 500

Stocks slid Tuesday after First Republic Bank's earnings report reignited concerns about the broader sector.

Shares of First Republic Bank tumbled more than 49% after the regional bank posted its latest quarterly results, saying late Monday that deposits dropped 40% to $104.5 billion in the first quarter but have since stabilized. First Republic will also be trimming expenses, including slashing headcount by 20% to 25% in the second quarter. Bloomberg News reported Tuesday that the bank was trying to sell as much as $100 billion of loans and securities to restructure its balance sheet.

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 4092. Targets are 4109 and 4113.

Plan B: Short if market failed to support above 4092. Targets are 4082 and 4069.

E-Mini Nasdaq

The regional bank has been closely watched after investors grew concerned it could face the same fate as Silicon Valley Bank and Signature Bank, whose closures set off an industry crisis last month. First Republic shares have collapsed more than 93% so far this year.

Traders also fretted over a disappointing earnings report from UPS, which dropped about 10% after the company missed expectations and management said sales volumes were — and should continue to be — under pressure. PepsiCo, on the other hand, rose 2.3% on better-than-expected numbers.

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 12935. Targets are 12962 and 12999.

Plan B: Short if market failed to support above 12935. Targets are 12901 and 12875.

HSI

Hong Kong closed significantly lower on Tuesday, dragged down by major losses in Chinese companies following a mixed session on Wall Street.

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

Plan A: Remain short if the market stays below 20000. Targets are 19219 and 18906.

Plan B: Consider long only if the market stays above 20000. Targets are 20156 and 20313.

WTI Crude

crude oil closed lower on Tuesday as investors moved to cut risk amid continuing recession worries, bidding up the dollar and treasuries despite hopes for higher demand in China as the May Day holiday approaches.

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

Plan A: Remain short as long as oil price stays below 78.13. Targets are 76.56 and 75.78.

Plan B: Consider long only if oil price stays above 78.13. Targets are 78.91 and 79.69.

Gold

Gold prices rose on Tuesday as steeply lower Treasury yields countered pressure from a stronger dollar, while investors awaited a slew of U.S. economic data due later this week that could sway the Federal Reserve's interest rate-hike stance.

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

Plan A: Remain long as long as gold price stays above 1996.1. Targets are 2011.7 and 2019.5.

Plan B: Attempts short only if gold price stays below 1996.1. Targets are 1992.2 and 1980.5.

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.