Tuesday, January 14, 2025

15 January 2025 Global Index Futures

Crude, Gold, Dow, S&P 500 and Nasdaq

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E-Mini Dow

US benchmark equity indexes closed mostly higher Tuesday as markets assessed the latest producer price report and awaited official data on consumer inflation.
The Dow Jones Industrial Average rose 0.5% to 42,518.3, while the S&P 500 increased 0.1% to 5,842.9.
In economic news, US producer price growth unexpectedly decelerated on a sequential basis last month as wholesale costs of services held steady, while goods' price gains cooled, the Bureau of Labor Statistics reported.

(News Source: MT News)


Plan A: Long only if market supported firm above 42,594. Targets around 42, 778/42, 962.


Plan B: Sell if market rebounded but resilient to 42,594. Targets around 42, 212/41, 977.



E-Mini S&P500

US stock futures ticked higher on Wednesday as investors looked ahead to the December consumer inflation report, which could impact expectations for Federal Reserve monetary policy.

These moves followed a lighter-than-expected producer inflation report for December, which weighed on the dollar and Treasury yields, providing some relief for equities.

(News Source: Trading Economics)


Plan A: Short if prices go rebounded but resilient to 5893. Targets around 5855/5825.
Plan B: Long if prices are well supported above 5893. Targets around 5921/5947.



E-Mini Nasdaq

Wall Street's main indexes fell on Tuesday as investors turned their attention to upcoming inflation data and quarterly earnings reports, which are expected to provide insights into the health of the U.S. economy.
Stocks received an initial boost after a Labor Department report showed the producer price index rose moderately in December 2024, but this did little to change perceptions about the Federal Reserve's likely monetary policy path this year.

(News Source: Reuters)

Plan A: Short if prices bounded but resilient to 21, 049. Targets are 20, 881/20, 527Place a reasonable stop order based on the assessment of the risk and reward ratio

Plan B: Consider long if market supported firm above 21, 049. Targets are 21,234/21,520. Place a reasonable stop order based on the assessment of the risk and reward ratio.



WTI Crude Oil

Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions from sanctions on Russian tankers, though gains were capped as the market awaited more clarity on their impact.

(News Source: Reuters)


Plan A: Long if prices supported around 77.50. Targets are 78.69/80.12.

Plan B: Consider short if market breakout below 77.50. Targets are 76.27/75.19.




Gold

Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory.


(News Source: Reuters)


Plan A: Consider long if market supported above 2663. Targets at 2682/2697.


Plan B: Short if market prices rebounded but failed to support above 2682. Targets are 2655/2636.





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 the investment.

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