12.12 PROMOTION!!
1. 12% off for 3-months subscription
2. New subscriber 12% off for 1st month
3. ONE Local+ONE foreign product,
RM 120 discount
FUTURESCOIN IS GOING GLOBAL
WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
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U.S. stock index futures pointed to a flat opening on Wednesday, with eyes fixed on the latest outcome of the Federal Reserve’s deliberations on interest rates and the looming deadline on tariffs in President Donald Trump’s trade war with China.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Attempt to long if market stays firm above 27888. Targets are 27925, 27960 and 27995.
Plan B : Cut below 27855.
Plan C : Consider to short if market falls below 27865. Targets are 27835, 27805 and 27760.
Plan D : Cut above 27905.
Stocks posted slight gains on Wednesday as investors digested the latest Federal Reserve outlook on monetary policy. The S&P 500 climbed 0.29% to 3,141.63.
The Fed said it does not expect to make any changes to its monetary policy stance through 2020. Fed Chairman Jerome Powell also noted it would take persistently high inflation for the central bank to change that position. Bottom line, the Fed will keep rates low for an extended period of time. In theory, this should be stimulative for stocks and bond prices. The market’s attention now turns back to U.S.-China trade relations as a Sunday deadline quickly approaches.
Adobe, Broadcom and Oracle are among the tech companies set to report earnings on Thursday. Investors will also keep an eye on weekly jobless claims data and an election in the U.K.
Plan A : Short if market failed to support above 3139.25. Targets are 3124.25, 3115.50 and 3106.75.
Plan B : Long if market supported firm above 3139.25. Targets are 3154.25, 3163.25 and 3170.25.
Stocks closed slightly higher on Wednesday after the Federal Reserve indicated it will likely not raise rates in 2020, removing the fear among investors that it would repeat a mistake it made last year by tightening monetary policy prematurely and knocking the stock market.
The Nasdaq Composite advanced 0.44% to 8,654.05.
The Fed kept interest rates unchanged on Wednesday, following three decreases in a row. The central bank also indicated it does not expect any policy changes through at least 2020.
Plan A : Short if market failed to support above 8383.25. Targets are 8345.25, 8315.50 and 8283.50.
Plan B : Long if market retraced but supported firm above 8383.25. Targets are 8420.50, 8451.25 and 8478.50.
HSI
Hong Kong stocks closed higher on Wednesday amid speculation that Washington may hold back from slapping new tariffs on Chinese exports that are scheduled to kick in this weekend.
At the close of trade, the Hang Seng index was up 0.8% at 26,645.43, hovering around the session’s high. Earlier in the day, the index hit its highest since Nov. 29.
WTI Crude
Oil prices dropped about 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday.
Plan A : Remain buy as long as oil price stays firm above 58.8
Plan B : Exit below 58.5
Plan C : Consider selling if oil price fails to breach above 59.16
Plan D : Cut above 59.52
Gold
Gold rose on Wednesday after the Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation.
Plan A : Remain buy as long as gold price stays firm above 1468.9
Plan B : Exit below 1462.6
Plan C : Consider selling if gold price surges but fails to breach above 1475
Plan D : Cut above 1480.4
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 and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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.
12.12 PROMOTION!!
1. 12% off for 3-months subscription
2. New subscriber 12% off for 1st month
3. ONE Local+ONE foreign product,
RM 120 discount
FUTURESCOIN IS GOING GLOBAL
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
U.S. stock index futures pointed to a flat opening on Wednesday, with eyes fixed on the latest outcome of the Federal Reserve’s deliberations on interest rates and the looming deadline on tariffs in President Donald Trump’s trade war with China.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Attempt to long if market stays firm above 27888. Targets are 27925, 27960 and 27995.
Plan B : Cut below 27855.
Plan C : Consider to short if market falls below 27865. Targets are 27835, 27805 and 27760.
Plan D : Cut above 27905.
Stocks posted slight gains on Wednesday as investors digested the latest Federal Reserve outlook on monetary policy. The S&P 500 climbed 0.29% to 3,141.63.
The Fed said it does not expect to make any changes to its monetary policy stance through 2020. Fed Chairman Jerome Powell also noted it would take persistently high inflation for the central bank to change that position. Bottom line, the Fed will keep rates low for an extended period of time. In theory, this should be stimulative for stocks and bond prices. The market’s attention now turns back to U.S.-China trade relations as a Sunday deadline quickly approaches.
Adobe, Broadcom and Oracle are among the tech companies set to report earnings on Thursday. Investors will also keep an eye on weekly jobless claims data and an election in the U.K.
Plan A : Short if market failed to support above 3139.25. Targets are 3124.25, 3115.50 and 3106.75.
Plan B : Long if market supported firm above 3139.25. Targets are 3154.25, 3163.25 and 3170.25.
Stocks closed slightly higher on Wednesday after the Federal Reserve indicated it will likely not raise rates in 2020, removing the fear among investors that it would repeat a mistake it made last year by tightening monetary policy prematurely and knocking the stock market.
The Nasdaq Composite advanced 0.44% to 8,654.05.
The Fed kept interest rates unchanged on Wednesday, following three decreases in a row. The central bank also indicated it does not expect any policy changes through at least 2020.
Plan A : Short if market failed to support above 8383.25. Targets are 8345.25, 8315.50 and 8283.50.
Plan B : Long if market retraced but supported firm above 8383.25. Targets are 8420.50, 8451.25 and 8478.50.
HSI
Hong Kong stocks closed higher on Wednesday amid speculation that Washington may hold back from slapping new tariffs on Chinese exports that are scheduled to kick in this weekend.
At the close of trade, the Hang Seng index was up 0.8% at 26,645.43, hovering around the session’s high. Earlier in the day, the index hit its highest since Nov. 29.
WTI Crude
Oil prices dropped about 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs by Washington on Chinese goods would come into force on Sunday.
Plan A : Remain buy as long as oil price stays firm above 58.8
Plan B : Exit below 58.5
Plan C : Consider selling if oil price fails to breach above 59.16
Plan D : Cut above 59.52
Gold
Gold rose on Wednesday after the Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation.
Plan A : Remain buy as long as gold price stays firm above 1468.9
Plan B : Exit below 1462.6
Plan C : Consider selling if gold price surges but fails to breach above 1475
Plan D : Cut above 1480.4
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 and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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.