Highlights

Futurescoin

Author: Futurescoin   |   Latest post: Fri, 16 Apr 2021, 4:10 PM

 

Daily Futures Trading Strategy 16 April 2021 (Foreign Market)

Author: Futurescoin   |  Publish date: Fri, 16 Apr 2021, 4:10 PM


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

 

 
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
 
 
Click here to contact us : https://goo.gl/B6Dccf 

 

 

E-Mini Dow

 
The Dow closed above 34,000 for the first time on Thursday as the blue-chip benchmark and S&P 500 posted fresh record highs on a tech stock rally fueled by falling bond yields and strong March U.S. retail sales.
 

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

Plan A : Remain buy as long as market trades firmly above 33591. Targets are 33939 and 34554.
 
Plan B : Consider short only if market fails to hold firm above 33939. Targets are 33652 and 33591.
 

 
E-Mini S&P 500
 

U.S. stocks climbed to record levels on Thursday after key companies reported strong earnings and fresh economic data pointed to a rebound in consumer spending and the jobs market.

The S&P 500 gained 1.1% to 4,170.42, reaching a record high. The market has been grinding higher to reach new records in recent sessions amid the economic reopening and trillions of dollars in stimulus. The S&P 500 has gained 11% in 2021 with energy and financials up the most year to date.

Retail sales surged 9.8% in March as additional stimulus sent consumer spending soaring, the Commerce Department reported Thursday. That number topped the Dow Jones estimate of a 6.1% gain.

A separate report on Thursday showed that first-time filings for unemployment insurance dropped to the lowest level since March 2020. The Labor Department reported 576,000 new jobless claims for the week ended April 10. Economists polled by Dow Jones expected a total of 710,000.

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

Plan A : Short if market failed to support above 4148. Targets are 4122, 4099 and 4074.

Plan B : Long if market retraced but supported firm above 4148. Targets are 4163, 4178 and 4200.

 

 
E-Mini Nasdaq
 

Stock futures were little changed in overnight trading on Thursday after the Dow Jones Industrial Average crossed the 34,000 threshold for the first time ever.

Technology shares rebounded as bond yields fell. The so-called FAANG stocks – Facebook, Amazon, Apple, Netflix and Alphabet – all climbed more than 1%. The 10-year Treasury yield dropped 8 basis points below 1.56%. Earlier in the year, higher rates caused investors to dump growth-oriented stocks.

Investor sentiment was boosted by economic data on Thursday that pointed to a rebound in consumer spending and the jobs market.

Wall Street is poised to wrap up another winning week. The S&P 500 has gained 1% this week, on pace for its fourth straight positive week. The Dow has climbed 0.7%, while the Nasdaq is up 1% through Thursday.

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

Plan A : Short if market failed to support above 13960. Targets are 13918, 13881 and 13840.

Plan B : Long if market supported firm above 13960. Targets are 13989, 14021 and 14055.

 
 
HSI
 
Hong Kong stocks slipped on Thursday, largely in line with losses on the mainland, as recent upbeat economic data raised worries over policy tightening.
 

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

 

Plan A : Remain buy as long as market trades firmly above 28740. Targets are 28912 and 29249.
 

Plan B : Consider short only if market surges but fails to sustain above 28912. Targets are 28740 and 28639.
 
 
 
WTI Crude
 
Oil prices were lower on Thursday though holding near one-month high after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major economies recover from the pandemic.
 

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

 

Plan A : Remain buy as long as oil price trades firmly above 62.6. Targets are 63.9 and 65.5.

Plan B : Consider short only if oil price recovers but fails to breach above 63.9. Targets are 62.6 and 61.8.

 
 
Gold
 
Gold scaled a more than one-month peak on Thursday as U.S. Treasury yields slipped despite better-than-expected U.S. economic data, pushing investors to bullion as a refuge against possible inflation ahead.
 
 
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
 
 
Plan A : Remain buy as long as gold price trades firmly above 1752.4. Targets are 1776 and 1795.1.
 
Plan B : Consider short only if gold price surges but fails to breach above 1776. Targets are 1764.6 and 1752.4
 
 
 

 

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.

 

  Be the first to like this.
 

Daily Futures Trading Strategy 15 April 2021 (Foreign Market)

Author: Futurescoin   |  Publish date: Thu, 15 Apr 2021, 3:28 PM


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

 

 
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
 
 
Click here to contact us : https://goo.gl/B6Dccf 

 

 

E-Mini Dow

 
Wall Street indexes closed mixed on Wednesday, with the Nasdaq and S&P 500 falling despite another record intraday high for the latter while Dow gained modestly with big banks' stellar results on the first day of earnings season.
 

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

Plan A : Attempt sell if market trades below 33559. Targets are 33419 and 33252.
 
Plan B : Consider long only if market supports firmly above 33559 and rebound. Targets are 33800 and 33939.
 
 
 
E-Mini S&P 500
 

The S&P 500 slipped from record levels in volatile trading on Wednesday amid a sell-off in technology shares, while investors digested the first batch of corporate earnings that largely exceeded expectations.

The broad equity benchmark dipped 0.4% to 4,124.66 after hitting a fresh record high earlier in the session. 

Bank stocks have risen sharply so far this year, with the S&P 500 financials sector gaining nearly 20%, easily outpacing the S&P 500. 

With the first-quarter earnings season now underway, investors will on Thursday pore over financial results from snack company PepsiCo, asset manager BlackRock and both Citigroup and Bank of America.

In other news, Federal Reserve Chair Jerome Powell on Wednesday said the central bank will reduce its bond purchases likely well before it hikes interest rates.
 

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


Plan A : Long if market supported firm above 4133. Targets are 4148, 4162 and 4180.

Plan B : Short if market failed to support above 4133. Targets are  4109, 4089 and 4061.

 

E-Mini Nasdaq
 

Futures contracts tied to the major U.S. stock indexes ticked higher early morning trade on Thursday after the S&P 500 retreated from record levels during the regular session.

The Nasdaq Composite lost about 1% during regular trading as Tesla fell nearly 4%, Netflix and Facebook dropped more than 2% each, and Amazon, Microsoft and Apple all dipped at least 1%.

Coinbase's widely watched direct listing on Wednesday opened at $381 on the Nasdaq and shot up as high as $429, but shares quickly rolled over and closed at $328.28. As Coinbase shares reversed lower, bitcoin fell 1.5% to around $61,930 from a record high of more than $63,800. Crypto investors were hailing the company’s stock market debut as a major milestone for the industry after years of skepticism from Wall Street and regulators.

Investors will on Thursday review the Labor Department’s latest report on the number of Americans filing first-time claims for unemployment insurance. Economists polled by Dow Jones expect the government to report that another 710,000 filed claims for the first time during the week ended April 10.

March retail sales data, also due Thursday morning, are expected show a robust uptick in consumer spending, with some economists seeing a gain of 10% or more thanks to the arrival of the $1,400 stimulus checks. The consensus forecast is more modest growth of 6.1%.
 

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

Plan A : Long only if market supported firm above 13885. Targets are 13915, 13950 and 13981.

Plan B : Short if market failed to support above 13885. Targets are 13844, 13803 and 13761.

 

 
HSI
 
Hong Kong shares ended higher on Wednesday, led by material and tech stocks, following overnight Wall Street gains after data showed U.S. inflation was not rising wildly as the economy reopens.

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

Plan A : Attempt short if market trades below 28912. Targets are 28639 and 28539.

 
Plan B : Consider buy only if market able to hold resilient above 28539 and rebound. Targets are 28639 and 28750.
 
 
 
WTI Crude
 
Oil prices surged more than 4% on Wednesday, after a report from the International Energy Agency, followed by U.S. inventory data boosted optimism about returning demand for crude.
 

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

Plan A : Remain buy as long as oil price trades firmly above 60.5. Targets are 62.8 and 63.9.

Plan B : Consider short only if oil price recovers but fails to breach above 62.8. Targets are 61.8 and 61.4.

 
 
Gold
 
Gold fell on Wednesday as an uptick in U.S. Treasury yields weighed on the non-yielding bullion's appeal, eclipsing support from a softer dollar.
 
 
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
 
 
Plan A : Remain sell as long as gold price stays trading below 1752.4. Targets are 1730.3 and 1725.2
 
Plan B : Consider long only if gold price remain resilient above 1730.3 and rebound. Targets are 1752.4 and 1760.
 
 
 

 

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.
 

 

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

 

  Be the first to like this.
 

Daily Futures Trading Strategy 14 April 2021 (Foreign Market)

Author: Futurescoin   |  Publish date: Wed, 14 Apr 2021, 1:07 PM


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

 

 
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
 
 
Click here to contact us : https://goo.gl/B6Dccf 

 

 

E-Mini Dow

The S&P 500 closed at another record high on Tuesday with Nasdaq jumped while Dow fell 68-points as investors shook off concerns about the halt in Johnson & Johnson's COVID-19 vaccine rollout and strong U.S. inflation.
 

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


Plan A : Attempt sell if market trades below 33559. Targets are 33419 and 33252.

 
Plan B : Consider long only if market supports firmly above 33419 and rebound. Targets are 33559 and 33712.
 
 
E-Mini S&P 500

U.S. stocks traded mostly higher on Tuesday after a March inflation report turned out not as bad as some traders feared, but the impact of a halt to the rollout of Johnson & Johnson vaccine kept optimism in check.

The S&P 500 added 0.33% to finish at 4,141.59 and locked in a new closing high. 

Reopening trades came under pressure Tuesday morning after the U.S. Food and Drug Administration said it’s recommending a pause in the Johnson & Johnson Covid-19 vaccine after reported cases of blood clotting.

The market has been calm over the past week as Wall Street settled into a lull ahead of the first-quarter earnings season. Corporate news is set to pick up later in the week, with JPMorgan Chase, Goldman Sachs and Delta Air Lines among the companies set to report quarterly results.


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


Plan A : Long if market retraced but supported firm above 4126. Targets are 4141, 4156 and 4180.

Plan B : Short if market failed to support above 4126. Targets are 4102, 4081 and 4055.

 

E-Mini Nasdaq

U.S. stock futures were flat in overnight trading on Tuesday ahead of the first batch of corporate earnings.

The Nasdaq Composite, the relative outperformer, gained just over 1% to 13,996.1 as Apple and PayPal each added more than 2%. Semiconductor maker Nvidia climbed 3%, Tesla rose 8.6%.

The Labor Department’s consumer price index came in slightly hotter than expected on Tuesday. The CPI rose 0.6% from the previous month but 2.6% from the same period a year ago. Economists polled by Dow Jones projected the headline index to rise by 0.5% month-over-month and 2.5% year-over-year.

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

Plan A : Long if market retraced but supported firm above 13920. Targets are 13950, 13988 and 14015.

Plan B : Short if market failed to support above 13920. Targets are 13882, 13845 and 13788.


 
HSI
 
Hong Kong's Hang Send index rose on Tuesday in a quiet session as financial firms rebounded following two days in the red, and as robust China trade data for March lifted investors' confidence in the global recovery.
 

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


Plan A : Attempt short if market rebounds but fails to breach above 28639. Targets are 28366 and 28029.

 
Plan B : Consider buy only if market able to hold resilient above 28366 and rebound. Targets are 28487 and 28540.
 
 
 
WTI Crude
 
Oil prices rose about 1% on Tuesday on strong Chinese import data, but the rally was capped by concerns that pauses on the Johnson & Johnson vaccine could delay economic recovery and limit oil demand growth.
 

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

 

Plan A : Remain buy as long as oil price trades firmly above 59.8. Targets are 60.8 and 61.4.

Plan B : Consider short only if oil price recovers but fails to breach above 60.8. Targets are 59.8 and 59.1

 
 
Gold
 
Gold prices bounced off a more than one-week low on Tuesday after data showing a sharp rise in U.S. inflation bolstered bullion's appeal as an inflation hedge and weighed on the dollar.
 
 
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
 
 
Plan A : Remain sell as long as gold price stays trading below 1752.4. Targets are 1730.3 and 1725.2
 
Plan B : Consider long only if gold price remain resilient above 1730.3 and rebound. Targets are 1752.4 and 1760.
 
 
 

 

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.

 

  Be the first to like this.
 

Daily Futures Trading Strategy 13 April 2021 (Foreign Market)

Author: Futurescoin   |  Publish date: Tue, 13 Apr 2021, 4:06 PM


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

 

 
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
 
 
Click here to contact us : https://goo.gl/B6Dccf 

 

 

E-Mini Dow

 
The S&P 500 and Dow ended lower on Monday, with investors waiting for cues from the upcoming corporate earnings season and a key inflation report later this week.
 

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

Plan A : Remain buy as long as market trades firmly above 33559. Targets are 33699 and 33939. 
 
Plan B : Consider short if market surges but fails to breach above 33699. Targets are 33559 and 33372.

 
 
E-Mini S&P 500
 

U.S. stocks hovered near their record levels on Monday as dull trading resumed before the release of widely-watched inflation data and the start of first-quarter corporate earnings.

The S&P 500 dipped less than 1 point to 4,127.99 after closing at a record high in the previous session. 

Wall Street has been relatively quiet with the S&P 500 moving within 1% for five sessions in a row. Market volatility has declined to pre-pandemic levels amid rising reopening optimism. The Cboe Volatility Index, AKA the VIX or the market’s fear gauge, has traded below 18 for the past four days, a level unseen since February 2020.

This week is also packed with Federal Reserve speeches and key economic data including a hotly anticipated inflation reading Tuesday, when the U.S. consumer price index is released. Economists polled by Dow Jones anticipate a 0.5% gain in CPI month over month and a 2.5% increase from last year’s level.

Fed Chairman Jerome Powell on Sunday reiterated that the Fed wants to see inflation rise above its 2% for an extended period before officials move to raise interest rates.

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

Plan A : Long if market retraced but supported firm above 4109. Targets are 4125, 4141 and 4156. 

Plan B : Short if market failed to support above 4109. Targets are 4085, 4061 and 4038.

 

E-Mini Nasdaq
 

U.S. stock futures were mostly flat on Monday evening ahead of a highly anticipated inflation report set for release before Tuesday’s opening bell on Wall Street.

The move in futures comes ahead of the March reading for the consumer price index, scheduled to be released at 8:30 a.m. ET. Economists polled by Dow Jones are projecting the headline index to rise by 0.5% month-over-month and 2.5% year-over-year.

Markets were quiet on Monday, with the three major indexes pulling back slightly. The S&P 500 finished just a hair under its previous record close, while the Dow slipped 55 points. The Nasdaq Composite was the laggard, shedding 0.4%.

The bond market was also subdued on Monday, with the 10-year Treasury yield edging slightly higher to trade near 1.67%. Yields move inversely to prices.

The market has been calm over the past week as Wall Street settled into a lull ahead of the first-quarter earnings season. Corporate news is set to pick up later in the week, with JPMorgan Chase, Goldman Sachs and Delta Air Lines among the companies set to report quarterly results.

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

 
Plan A : Long if market retraced but supported firm above 13765. Targets are 13796, 13829 and 13860.
 
Plan B : Short if market failed to support above 13765. Targets are 13722, 13685 and 13630.
 

 
HSI
 
Hong Kong stocks fell on Monday, tracking losses in the A-share market, as latest data pointed to signs of liquidity tightening on the mainland.
 

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

Plan A : Attempt short if market rebounds but fails to breach above 28639. Targets are 28366 and 28029.

 
Plan B : Consider buy only if market able to hold resilient above 28366 and rebound. Targets are 28487 and 28540.
 
 
 
WTI Crude
 
Oil prices rose slightly on Monday on optimism over the pace of coronavirus vaccinations in the United States and after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites.
 

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

 

Plan A : Remain short as long as oil price stays below 59.8. Targets are 58.8 and 57.6.

Plan B : Consider long only if oil price able to trade firmly above 59.8 and surges. Targets are 60.8 and 61.4.

 
 
Gold
 
Gold fell on Monday as an uptick in U.S. Treasury yields weighed on bullion's appeal, while investors awaited key U.S. inflation and retail sales data to gauge the health of the economy.
 
 
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
 
 
Plan A : Remain sell as long as gold price stays trading below 1752.4. Targets are 1730.3 and 1725.2
 
Plan B : Consider long only if gold price remain resilient above 1730.3 and rebound. Targets are 1752.4 and 1760.
 
 
 

 

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.

 

  Be the first to like this.
 

Daily Futures Trading Strategy 9 April 2021 (Foreign Market)

Author: Futurescoin   |  Publish date: Fri, 9 Apr 2021, 4:13 PM


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

 

 
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
 
 
Click here to contact us : https://goo.gl/B6Dccf 

 

 

E-Mini Dow

 
The S&P 500 and Dow closed at a record high on Thursday, as U.S. Treasury yields fell following softer-than-anticipated labor market data, boosting technology and other growth stocks.
 

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

Plan A : Remain buy as long as market trades firmly above 33252. Targets are 33559 and 33939. 

 
Plan B : Consider short if market surges but fails to breach above 33559. Targets are 33406 and 33252.
 
 
 
E-Mini S&P 500
 

The S&P 500 rose to another record high on Thursday amid a strong rally in major technology stocks.

The broad equity benchmark gained 0.4% to 4,097.17, its second straight record close.

Investors processed a worse-than-expected reading on the latest weekly jobless claims. A total of 744,000 Americans filed for unemployment benefits for the first time during the week ended April 3, the Labor Department said Thursday. Economists polled by Dow Jones expected first-time claims to total 694,000.

Federal Reverse chairman Jerome Powell signaled on Thursday that the economic rebound from the pandemic still has room to go as the recovery thus far hasn’t been well-rounded.

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

Plan A : Long if market supported firm above 4092. Targets are 4106, 4121 and 4140.

Plan B : Short if market failed to support above 4092. Targets are 4071, 4045 and 4017. 

 
 
E-Mini Nasdaq
 

U.S. stock futures were muted in early morning trading on Friday after the S&P 500 notched a fresh record in the regular session.

The tech-heavy Nasdaq Composite rallied 1% to 13,829.31 as Apple, Netflix and Microsoft all climbed more than 1%. Amazon and Alphabet also registered gains. 

Treasury yields retreated from their recent highs with the 10-year Treasury yield hovering around 1.6%.

Federal Reserve Chairman Jerome Powell called the recovery from the pandemic “uneven” on Thursday, signaling a more robust recovery is needed.

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

Plan A : Long if market supported firm above 13730. Targets are 13761, 13792 and 13822.

Plan B : Short if market failed to support above 13730. Targets are 13690, 13649 and 13611.

 
 
HSI
 
Hong Kong shares ended higher on Thursday after metal firms were lifted by expectations of strong demand for raw materials, as the country ramps up vaccination efforts.
 

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

 

Plan A : Remain buy as long as market holds firm above 28912. Targets are 29148 and 29249.

Plan B : Consider short only if market surges but fails to breach above 29148. Targets are 29003 and 28912.

 
 
WTI Crude
 
Oil prices fell on Thursday after official figures showed a big increase in U.S. gasoline stocks, causing concerns about demand for crude weakening in the world's biggest consumer of the resource at a time when supplies around the world are rising.
 

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

 

Plan A : Remain short as long as oil price stays below 59.8. Targets are 58.8 and 57.6.

Plan B : Consider long only if oil price able to trade firmly above 59.8 and surges. Targets are 60.8 and 61.4.

 
 
Gold
 
Gold prices climbed to their highest level in more than a month on Thursday as the dollar and U.S. yields dropped and the Federal Reserve's reiteration of its dovish policy stance also lifted bullion's appeal.
 

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

Plan A : Remain buy as long as gold price trades firmly above 1752.4. Targets are 1759.4 and 1776.

Plan B : Consider short only if gold price surges but fails to breach above 1766. Targets are 1752.4 and 1734.

 

 

 
 
 
 
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.

 

  Be the first to like this.
 

Daily Futures Trading Strategy 8 April 2021 (Foreign Market)

Author: Futurescoin   |  Publish date: Thu, 8 Apr 2021, 12:43 PM


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

 

 
If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.
 
 
Click here to contact us : https://goo.gl/B6Dccf 

 

 

E-Mini Dow

 
Major averages hovered near unchanged on Wednesday, with the S&P 500 and Dow closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.
 

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

 

Plan A : Remain buy as long as market trades firmly above 33252. Targets are 33559 and 33939. 
 
Plan B : Consider short if market surges but fails to breach above 33559. Targets are 33406 and 33252.
 
 
 
E-Mini S&P 500
 

The S&P 500 gained slightly to hit a record high on Wednesday as minutes from the Federal Reserve’s last meeting showed the central bank’s commitment to accommodative policy in order to support a full economic recovery.

The broad equity benchmark rose 0.1% to 4,079.95, a new closing high. 

Fed officials indicated at their last meeting that the pace of asset purchases will stay the same for some time while the central bank pursues its economic goals.

The policymakers expected the economy to rebound substantially in 2021 amid the historic economic reopening, and they believe stronger-than-average growth in the following years will continue to facilitate the labor-market recovery.

On Thursday, investors will pore over the Labor Department’s latest update on the number of Americans filing for unemployment benefits for the first time. Economists polled by Dow Jones expect first-time claims to total 694,000 during the week ended April 3.
 

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

Plan A : Long if market supported firm above 4077. Targets are 4092, 4106 and 4122.

Plan B : Short if market failed to support above 4077. Targets are 4052, 4029 and 4001.
 

 
E-Mini Nasdaq
 

Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Wednesday evening, suggesting that Wall Street could extend gains that have propelled the S&P 500 to record levels this week.

The tech-heavy Nasdaq Composite dipped 0.1% to 13,688.84 even as Big Tech stocks registered solid gains. Amazon, Apple and Alphabet all climbed more than 1%, while Facebook jumped 2.2%.

President Joe Biden spoke on Wednesday from Washington about his administration’s $2 trillion infrastructure plan that includes a corporate tax rate hike to 28% and noted that he is willing to negotiate on the proposed tax increase.

The proposed increase to the corporate tax is thought to be a key source of tax revenue for the White House infrastructure plan and is a non-starter for Republicans, who say they are concerned about tax increases as the U.S. economy emerges from the Covid-19 pandemic.

Separately, the Treasury Department said that Biden’s tax proposals would generate about $2.5 trillion over 15 years in an effort to pay for eight years of spending on roads, bridges, transit, broadband and other projects.
 

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

Plan A : Long if market market retraced but supported firm above 13640. Targets are 13671, 13701 and 13733.

Plan B : Short if market failed to support above 13640. Targets are 13601, 13562 and 13518.
 

 

 
HSI
 
Hong Kong's Hang Send index fell on Wednesday in its first trading session after an extended holiday as tech heavyweights and financials dragged it lower.
 

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

 

Plan A : Attempt sell if market continue to stay trading below 28639. Targets are 28366 and 28168.

 
Plan B : Consider long only if market able to hold firm above 28366 and rebound. Targets are 28594 and 28639.
 
 
 
WTI Crude
 
Global benchmark Brent crude inched higher on Wednesday on improving global economic outlook, but U.S. crude fell on rising gasoline inventories amid fears that new coronavirus outbreaks will weaken a global recovery in fuel demand.
 

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

 

Plan A : Remain short as long as oil price stays below 59.8. Targets are 58.8 and 57.6.

Plan B : Consider long only if oil price able to trade firmly above 58.8 and rebound. Targets are 59.8 and 60.2.

 
 
 
Gold
 
Gold prices fell on Wednesday a day after hitting a more than one-week peak, as strong economic data from the United States bolstered hopes of a swift recovery dimming the precious metal's appeal.
 

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


Plan A : Remain buy as long as gold price trades firmly above 1714.2. Targets are 1729 and 1752.4.
 
Plan B : Consider short only if gold price surges but fails to breach above 1752.4. Targets are 1728.2 and 1714.2.
 

 

 
 
 
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.

 

 

 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
 
 

233  162  218  529 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MM2 Asia 0.06+0.003 
 SingTel 2.55+0.12 
 Sembcorp Marine 0.205+0.006 
 Oceanus^ 0.041+0.002 
 Blumont^ 0.005+0.001 
 Jiutian Chemical 0.099-0.001 
 Rowsley 0.112-0.001 
 Edition 0.009+0.001 
 Genting Sing 0.900.00 
 ThaiBev 0.745-0.005