11 Jul 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 finished higher on Monday after spending much of the session near flat, with investors waiting for a key inflation report to gauge whether the Federal Reserve may be nearing the end of its campaign of interest rate hikes.

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

Plan A: Remain long as long as market trades above 33984. Targets are 34277 and 34375.

Plan B: Consider short if market stays below 33984. Targets are 33789 and 33691.

E-Mini S&P 500

The Dow Jones Industrial Average rose Monday as Wall Street tried to recover from a losing week. The positive reversal came as investors prepared for a slate of inflation data later in the week and braced for the start of the second-quarter earnings season.

Last week, the S&P 500 pulled back 1.16%, while the Nasdaq Composite and Dow fell 0.92% and 1.96%, respectively. Despite nonfarm payrolls growing less than expected in June, slightly stronger-than-expected wage growth raised concern over the potential for more Federal Reserve rate hikes.

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: Short if market failed to support above 4419. Targets are 4402 and 4389.

Plan B: Long if market supported firm above 4419. Targets are 4428 and 4442.

E-Mini Nasdaq

The consumer price index report is due Wednesday, followed by the producer price index — a measure of wholesale price pressures — on Thursday.

Keeping in mind other factors such as the Federal Reserve’s policies, Patterson said that he still anticipates a downturn as the central bank tries to hit its 2% inflation target.

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: Short if market failed to support above 15116. Targets are 15075 and 14028.

Plan B: Long if market retraced but supported firm above 15116. Targets are 15149 and 15199.

HSI

Hong Kong stocks finished Monday slightly higher on hopes Beijing's tech sector overhaul has come to an end after fining two top fintech firms, though gains were tempered by another weak batch of Chinese economic data.

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

Plan A: Remain long if the market stays above 18438. Targets are 18750 and 18906.

Plan B: Consider short only if the market stays below 18438. Targets are 18281 and 18125.

WTI Crude

WTI crude futures steadied around $74 per barrel on Monday, after gaining more than 4% last week as concerns about a global economic slowdown that could reduce demand for oil outweighed the prospects of tighter global supplies from Saudi Arabia and Russia.

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

Plan A: Remain long as long as oil price stays above 71.88. Targets are 74.22 and 74.61.

Plan B: Consider short only if oil price stays above 71.88. Targets are 71.48 and 71.09.

Gold

Gold was little changed on Monday as investors awaited U.S. inflation data that could influence the Federal Reserve's policy stance, while palladium prices dropped below the $1,200-per-ounce level for the first time since December 2018.

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

Plan A: Remain long as long as gold price stays above 1921.9. Targets are 1941.4 and 1945.3.

Plan B: Attempts short only if gold price stays below 1921.9. Targets are 1918 and 1914.1.

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.