10 Nov 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

Winning streaks for the S&P 500 and the Nasdaq Composite came to a crashing end on Thursday, with all the major averages ending sharply lower.

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

Plan A: Remain short as long as market trades below 33984. Targets are 33837 and 33789.

Plan B: Consider long if market stays above 33984. Targets are 34033 and 34082.

E-Mini S&P 500

The S&P 500 fell Thursday, ending an eight-day winning streak, as a sharp jump in yields rattled investors.

Stocks hit session lows after Federal Reserve Chair Jerome Powell indicated more work may need to be done to bring down inflation, although the recent slowdown in pace has been an encouraging sign for policymakers.

The move lower in stocks coincided with an uptick in bond yields. A weak U.S. Treasury auction earlier in the session did not help the situation. The benchmark 10-year Treasury yield was up more than 12 basis points at 4.634%. The 30-year bond rate jumped about 11 basis points to 4.772%.

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

Plan A: Short if market failed to support above 4366. Targets are 4350 and 4339.

Plan B: Long if market supported firm above 4366. Targets are 4379 and 4389.




E-Mini Nasdaq

The benchmark index declined 0.81%, closing at 4,347.35, while the Nasdaq Composite lost 0.94% and settled at 13,521.45.

The information technology and communication services sector have climbed 2.8% and 1%, respectively, since the start of the week. The tech-focused sectors are the only two of the 11 in the broad index on pace for gains this week.

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

Plan A: Short if market failed to support above 15243. Targets are 15219 and 15185.

Plan B: Long if market retraced but supported firm above 15243. Targets are 15278 and 15307.

HSI

Hong Kong shares closed slightly lower on Thursday, extending losses to a third day as data showing China's consumer price index fell faster than expected in October sparked fears over the world's number two economy.

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

Plan A: Remain short if the market stays below 17500. Targets are 17344 and 17188.

Plan B: Consider long only if the market stays above 17500. Targets are 17656 and 17813.

WTI Crude

West Texas Intermediate (WTI) crude oil closed higher on Thursday, rebounding from two days of losses that pushed prices to the lowest in nearly three month on demand worries and rising US inventories.

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

Plan A: Remain long as long as oil price stays above 75.00. Targets are 76.56 and 77.34.

Plan B: Consider short only if oil price stays below 75.00. Targets are 74.22 and 73.44.

Gold

Gold held on to some gains on Thursday after Federal Reserve Chair Jerome Powell reiterated the need for higher interest rates to rein in inflation, while auto-catalyst palladium fell below the $1,000 an ounce level for the first time since 2018.

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

Plan A: Remain long as long as gold price stays above 1953.12. Targets are 1968.75 and 1976.56.

Plan B: Attempts short only if gold price stays below 1953.12. Targets are 1945.31 and 1937.50.

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.