21 January 2025 Global Index Futures

  Crude, Gold, Dow, S&P 500 and Nasdaq

Click here to contact us: https://goo.gl/B6Dccf 

E-Mini Dow

US equity indexes rose this week as easing core inflation rates helped push government bond yields lower, and big banks kicked off the Q4 earnings season on a strong note.

(News Source: MT News)

Plan A: Long only if market supported firm above 43, 518. Targets around 43, 782/43, 985.

Plan B: Sell if market rebounded but resilient to 43, 518. Targets around 43, 214/43, 021.

E-Mini S&P500

US stock futures struggled to gain momentum on Tuesday after President Donald Trump announced he was considering imposing 25% tariffs on Canada and Mexico as early as Feb. 1, citing concerns over illegal immigration at the US border.

Trump also mentioned China but did not offer further details.

His remarks disappointed traders who had hoped for a delay in new tariffs, especially after reports on Monday suggested no immediate tariff actions as part of his early executive orders.

(News Source: Trading Economics)

Plan A: Short if prices go rebounded but resilient to 5991. Targets around 5951/5917T.

Plan B: Long if prices are well supported above 5991. argets around 6024/6051.

E-Mini Nasdaq

MSCI's global equities index rose on Friday, and US Treasury yields increased as the dollar strengthened. Positive economic data and earnings reports helped investors overlook any jitters ahead of the US presidential inauguration.

The US dollar strengthen against major currencies after a four-day decline, and benchmark US Treasury yields, following a three-session drop, hit a two-week low before reversing direction.

Federal Reserve data on Friday showed US manufacturing output rose 0.6% in the previous month, following a revised 0.4% increase in November, likely due to a factory worker strike ending. Additionally, US single-family homebuilding increased to a 10-month high in December, signaling that construction activity was gaining momentum, although rising mortgage rates and a glut of new homes could slow recovery.

All three of Wall Street's major indices finished higher, with the S&P 500 and the Dow marking their largest weekly gains since the week of the US presidential election. The Nasdaq recorded its biggest weekly advance since early December.

(News Source: News18)

Plan A: Short if prices resilient to 21,567. Targets are 21, 176/21, 029.  Place a reasonable stop order based on the assessment of the risk and reward ratio.

Plan B: Long only if market supported firm above 21,567. Targets are 21,808/20,981. Place a reasonable stop order based on the assessment of the risk and reward ratio

WTI Crude Oil

Oil prices closed lower on Friday but strengthened for the fourth consecutive week, driven by concerns over potential disruptions in oil supply due to US sactions on Russian energy. US crude settled down by 1% at $77.88 per barrel.

(News Source: News18)

Plan A: Long if prices supported around 77.90. Targets are 78.60/79.20.

Plan B: Consider short if market breakout below 77.11. Targets are 76.27/75.19.

Gold

Gold stocks in COMEX-aproved warehouses surged by one-third over the past six weeks, as market players sought deliveries to hedge against potential import tariffs from the incoming US president. Gold prices fell on Friday but were on track for a weekly gain, driven by uncertainties surrounding Trump's policies and expectations of further interest rate cuts, pushing prices above the key $2,700 level. Spot gold futures rose 0.19% to $2,751.60 per ounce.

(News Source: News18)

Plan A: Consider long if market supported above 2719. Targets at 2735/2758.

Plan B: Short if market prices rebounded but failed to support above 2719. Targets are 2699/2683.

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.