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 were mixed on Tuesday, as G7 heads indicated willingness to take steps to mitigate the economic impact of the coronavirus epidemic, but stopped short of announcing concrete measures.
Plan A : Long if market stays firm above 26062 and rebounds. Targets are 26095, 26135 and 26180.
Plan B : Cut below 26025.
Plan C : Sell if market recovers but fails to breach above 26222. Targets are 26185, 26145 and 26100.
Plan D : Cut above 26255.
U.S. stock index futures pointed to a higher Wednesday open as early results on Super Tuesday showed former Vice President Joe Biden notching key wins and reassuring investors of his place amid the top candidates in the Democratic pool.
As of 2:11 a.m. ET on Wednesday, Dow futures indicated a pop of about 420 points at the open. Still, there are several hours until the opening of equity trading in New York and the implied open could change over the course of the morning.
Plan A : Long if market supported firm above 3042.25. Targets are 3057.25, 3069.25 and 3078.50.
Plan B : Short if market failed to support above 3042.25. Targets are 3028.25, 3017.50 and 3005.25.
Stocks fell sharply on Tuesday, with the Dow dropping more than 785.91 points, or 2.94%, just a day after posting its biggest points gain in history. The S&P 500 and the Nasdaq Composite also fell nearly 3% after climbing on Monday.
The wild start to the week follows last week’s dramatic sell-off, which saw the Cboe Volatility Index, often called Wall Street’s “Fear Gauge,” hit its highest level in two years.
Tuesday looks to be another volatile day on Wall Street.
The Dow fell more than 700 points late in the session after rising and falling earlier after the Federal Reserve unexpectedly cut rates by 50 basis points. Concerns over the economic damage of the coronavirus and global central banks’ willingness to offset with stimulus kept investors on edge.
Plan A : Long if market supported firm above 8710.25, Targets are 8741.25, 8762.25 and 8785.50.
Plan B : Short if market failed to support above 8710.25. Targets are 8670.25, 8642.50 and 8614.25.
Hong Kong stocks erased earlier gains to end flat on Tuesday, as worries over the fast-spreading coronavirus offset expectations of global policy support to tackle the economic hit from the epidemic.
At the close of trade, the Hang Seng index was down 6.86 points, or 0.03%, at 26,284.82.
WTI Crude
Oil priced moved higher on Tuesday, but quickly came off session highs reached after the U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.
Plan A : Remain buy as long as oil price stays firm above 47.1
Plan B : Exit below 46.7
Plan C : Consider selling if oil price fails to hold above 47.1
Plan D : Cut above 47.5
Gold
Gold prices rose on Tuesday after the Federal Reserve announced an emergency rate cut of half a percentage point in response to the growing economic threat from the novel coronavirus.
Plan A : Remain buy as long as gold price stays firm above 1625.3
Plan B : Exit below 1619
Plan C: Consider selling if gold price surges but fails to breach above 1653
Plan D : Cut above 1660.3
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.
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 were mixed on Tuesday, as G7 heads indicated willingness to take steps to mitigate the economic impact of the coronavirus epidemic, but stopped short of announcing concrete measures.
Plan A : Long if market stays firm above 26062 and rebounds. Targets are 26095, 26135 and 26180.
Plan B : Cut below 26025.
Plan C : Sell if market recovers but fails to breach above 26222. Targets are 26185, 26145 and 26100.
Plan D : Cut above 26255.
U.S. stock index futures pointed to a higher Wednesday open as early results on Super Tuesday showed former Vice President Joe Biden notching key wins and reassuring investors of his place amid the top candidates in the Democratic pool.
As of 2:11 a.m. ET on Wednesday, Dow futures indicated a pop of about 420 points at the open. Still, there are several hours until the opening of equity trading in New York and the implied open could change over the course of the morning.
Plan A : Long if market supported firm above 3042.25. Targets are 3057.25, 3069.25 and 3078.50.
Plan B : Short if market failed to support above 3042.25. Targets are 3028.25, 3017.50 and 3005.25.
Stocks fell sharply on Tuesday, with the Dow dropping more than 785.91 points, or 2.94%, just a day after posting its biggest points gain in history. The S&P 500 and the Nasdaq Composite also fell nearly 3% after climbing on Monday.
The wild start to the week follows last week’s dramatic sell-off, which saw the Cboe Volatility Index, often called Wall Street’s “Fear Gauge,” hit its highest level in two years.
Tuesday looks to be another volatile day on Wall Street.
The Dow fell more than 700 points late in the session after rising and falling earlier after the Federal Reserve unexpectedly cut rates by 50 basis points. Concerns over the economic damage of the coronavirus and global central banks’ willingness to offset with stimulus kept investors on edge.
Plan A : Long if market supported firm above 8710.25, Targets are 8741.25, 8762.25 and 8785.50.
Plan B : Short if market failed to support above 8710.25. Targets are 8670.25, 8642.50 and 8614.25.
Hong Kong stocks erased earlier gains to end flat on Tuesday, as worries over the fast-spreading coronavirus offset expectations of global policy support to tackle the economic hit from the epidemic.
At the close of trade, the Hang Seng index was down 6.86 points, or 0.03%, at 26,284.82.
WTI Crude
Oil priced moved higher on Tuesday, but quickly came off session highs reached after the U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.
Plan A : Remain buy as long as oil price stays firm above 47.1
Plan B : Exit below 46.7
Plan C : Consider selling if oil price fails to hold above 47.1
Plan D : Cut above 47.5
Gold
Gold prices rose on Tuesday after the Federal Reserve announced an emergency rate cut of half a percentage point in response to the growing economic threat from the novel coronavirus.
Plan A : Remain buy as long as gold price stays firm above 1625.3
Plan B : Exit below 1619
Plan C: Consider selling if gold price surges but fails to breach above 1653
Plan D : Cut above 1660.3
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.