Tuesday, July 11, 2023

12 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 ended higher in Tuesday's trade, extending gains toward the end of the session, with energy and financials leading the way as investors looked to key inflation data due on Wednesday.

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 34180. Targets are 34473 and 34570.

Plan B: Consider short if market stays below 34180. Targets are 34082 and 33984.


E-Mini S&P 500

U.S. stocks rose Tuesday, a day after the major averages snapped a three-session decline, as traders awaited key inflation data slated for release later in the week.

It’s been 378 trading days since the S&P 500 has hit a new all-time high. That’s the ninth longest stretch going back to 1950.

In more than seven decades, there’s only been eight instances when the S&P 500 traded without notching a new high for longer than the current 378-day streak, according to data analyzed by Hi Mount Research. The longest streak last 1,897 days, falling between the mid-1970s and early-1980s.


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 4474. Targets are 4462 and 4451.

Plan B: Long if market supported firm above 4474. Targets are 4489 and 4499.


E-Mini Nasdaq

The June consumer price index report set for release Wednesday, as well as the June producer price index due out Thursday, will shed light on whether the decline in inflation has continued, and create the backdrop for future direction of interest rates. Economists polled by Dow Jones expect the index rose 3.1% last month on a year-over-year basis.

Investors have penciled in another quarter-point increase at the Federal Reserve’s July 25-26 meeting. But they are undecided about what the central bank will do at its September meeting after last week’s continued robust jobs data raised concern that policymakers will revert to raising rates following the June pause.

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 15275. Targets are 15240 and 15208.

Plan B: Long if market retraced but supported firm above 15275. Targets are 15302 and 15339.

HSI
Hong Kong and Shanghai stocks rose on Tuesday after mainland authorities signalled fresh moves to support the economy after unveiling measures to help the property sector.

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 18594. Targets are 18906 and 19063.

Plan B: Consider short only if the market stays below 18594. Targets are 18438 and 18281.

WTI Crude
crude oil closed at the higher since May 1 on Tuesday following a day-prior dip as the market steadies as production cuts from Saudi Arabia while the Energy Information Administration raised its demand forecast.

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 72.66. Targets are 75.00 and 75.78.

Plan B: Consider short only if oil price stays above 72.66. Targets are 71.88 and 71.09.


Gold
Gold prices edged higher on Tuesday as the dollar and bond yields fell ahead of U.S. inflation data that could offer more cues on the Federal Reserve's rate-hike path.
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 1929.7. Targets are 1941.4 and 1945.3.
Plan B: Attempts short only if gold price stays below 1929.7. 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. 

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...