22 January 2025 Global Index Futures

Crude, Gold, Dow, S&P 500 and Nasdaq

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E-Mini Dow

Stocks finished Tuesday's session higher. The Dow rose 537.98 points, or 1.24%, to finish at 44,025.81. Global stock markets rose on Tuesday, after US President Donal Trump stopped short of announcing new tariffs on his first day in office.

While Trump did not announce widespread tariffs, he has ordered a review US trade deals, in a possible step toward the border taxes as well as threatening Canada and Mexico with 25% from 1 February.

The International Monetary Fund and analysts have warned that Trump policies threaten a significant disruption of global trade that could eventually backfire on the US.

The dollar, which had fallen on Monday after the inauguration, swung up and down against some other major currencies, including the pound and the euro, as uncertainty lingered about what policies might become reality.

(News Source: BBC)

Plan A: Long only if market retraced but supported firm above 43,973. Targets around 44,267/44,533.

Plan B: Sell if market rebounded but resilient to 44,216. Targets around 43,973/43,498.

E-Mini S&P500

About four out of every five stocks in the S&P 500 traded higher on Tuesday, underscoring the index's broad advance. The index as a whole is on track to end the day up close to 1%.

Vistra, a top performer in 2024, led the index higher with a gain of about 10%. NRG Energy and Prologis followed, with each up more than 7.5%.

Still, some underperformers restricted gains. With a slide of nearly 12%, Walgreens Boots Alliance which was a big loser last year, was the worst performer in the index on Tuesday. Well-known stocks including Apple Booking Holdings and Expedia were also among the biggest laggards in the session.

(News Source: CNBC)

Plan A: Short if prices rebounded but resilient to 6,107. Targets around 6,046/5,982.

Plan B: Long if prices retraced but well supported above 6,046. Targets are around 6,105/6,152.

E-Mini Nasdaq

Stocks advanced on Tuesday as Wall Street viewed President Donald Trump's comments and first-day actions around international trade as a bit softer than initially believed.

The Nasdaq Composite rose 0.64% to 19,756.78.

Several big technology stocks also took a leg up, with Amazon and Nvidia each gaining more than 2%. But a drop of more than 3% in Apple on the back of two Wall Street downgrades restricted gains for the tech-heavy Nasdaq.

(News Source: CNBC)

Plan A: Short if prices resilient to 21,891. Targets are 21,571/21,350.  Place a reasonable stop order based on the assessment of the risk and reward ratio.

Plan B: Long only if market supported firm above 21,571. Targets are 21,898/22,112. Place a reasonable stop order based on the assessment of the risk and reward ratio

WTI Crude Oil

Oil held losses as President Donald Trump threatened a tariff on China, raising concerns over trade wars on several fronts after he said hefty levies on Canada and Mexico were being considered.

WTI traded below $76 a barrel following a run of declines since Thursday, while Brent closed near $79. Trump said he was considering a 10% tariff on China in retaliation for the flow of fentanyl from the country. Prior to the threat, the Asian nation said it will expand US imports.

(News Source: CNBCtv18)

Plan A: Long if prices supported firm above 75.32. Targets are 77.06/77.87.

Plan B: Consider short if market rebounded but failed to support above 77.87. Targets are 75.07/75.19.

Gold

Gold prices jumped to an over two-month peak on Tuesday, supported by a weaker dollar and as markets flocked to the safe-haven asset amid uncertainty surrounding U.S. President Donald Trump's potential tariff.

Spot gold climbed 1.3% to $2,742.48 per ounce by 02:36p.m. ET (1936GMT), reaching its highest level since Nov.6 and nearing the all-time high of $2,790.15 set in October.

U.S. gold futures settled 0.4% higher at $2,759.20.

(News Source: Reuters)

Plan A: Consider long if market retraced but supported above 2,739. Targets at 2,759/2,802.

Plan B: Short if market prices failed to support above 2,759. Targets are 2,729/2,719.

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.