Highlights

Where Futures Lies

Author: Futurescoin   |   Latest post: Mon, 11 Nov 2019, 6:37 PM

 

Daily Futures Trading Strategy 17 October 2019 (Foreign Market)

Author:   |    Publish date:


 

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 

 

E-Mini Dow

Stocks fell slightly on Wednesday as weak retail sales data, coupled with persisting trade-war fears, offset strong earnings results.

The Dow dipped 22.82 points, or 0.08% to close at 27,001.98. 

Retail sales unexpectedly dropped 0.3% in September, marking their first decline in seven months. Spending cutbacks on motor vehicles and online purchases, among other factors, weighed down retail sales.

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

Plan A : Buy if market retraced but supported firm above 26947. Targets are 26997, 27030 and 27112.
Plan B : Sell if market failed to support above 27036. Targets are 26986, 26951 and 26912.


 

E-Mini S&P 500

 

The Dow, S&P 500 and Nasdaq all slipped no more than 0.30% on the trading day. The action coincided with a Federal Reserve report that said many businesses have reduced their growth forecasts as the U.S.-China trade war drags on.

The S&P 500 ended down 0.2%, or -5.99 points at 2989.69.


Earnings season continues on Thursday with Morgan Stanley, Honeywell and Taiwan Semiconductor among the companies set to report. On the data front, housing starts data for September will take center stage.

 

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

 

Plan A : Buy if market retraced but supported firm above 2964.25. Targets are 2979.50, 2990.25 and 3000.75. 

Plan B : Sell if market failed to support above 2996.50. Targets are 2981.50, 2969.25 and 2959.50.

 

 

E-Mini Nasdaq


The major indexes were little changed for most of the session as weak consumer data offset the impact of strong earnings.

 

The Nasdaq Composite dipped 0.3%, or -24.52 points to 8,124.18.

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

Plan A : Sell if market failed to support above 7972.25. Targets are 7932.50, 7900.50 and 7872.50.

Plan B : Buy if market retraced but supported firm above 7857.50. Targets are 7897.25, 7929.50 and 7955.25.

 

WTI Crude

 

Oil prices fell on Thursday after industry data showed a larger-than-expected build-up in the U.S. inventories, but losses were limited after China said it hoped to reach a phased trade agreement with the United States as early as possible.

 

Global benchmark Brent Crude Oil was down by 39 cents at $59.03 a barrel by 0837 GMT. U.S. WTI Crude Oil was down 43 cents at $52.93. 

 

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

 

Plan A : Buy if market supported firm above 52.96. Targets are 53.26, 53.50 and 53.72.

Plan B : Sell if market rebounded but resisted around 53.61. Targets are 53.30, 53.08 and 52.90. 

 



Gold

 

Gold rose on Wednesday on concerns that Washington’s stance on Hong Kong could hamper trade negotiations between the United States and China and as investors awaited a key Brexit summit, but bullion’s gains were dwarfed by deficit-hit palladium as it smashed new records.

 

Spot gold rose 0.5% to $1,487.73 per ounce. U.S. gold futures were up 0.6% to $1,491.60.


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


Plan A : Buy only if market supported firm above 1493.90. Targets are 1496.40, 1500.10 and 1503.50.

Plan B : Sell if market rebounded and resisted around 1501.90. Targets are 1498.50, 1495.20 and 1491.50.

 



 

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.

 

Share this

  Be the first to like this.
 


 

248  237  554  1249 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.295+0.005 
 ARMADA 0.495+0.015 
 DGB 0.175+0.005 
 HSI-H8F 0.3050.00 
 TANCO 0.075+0.005 
 AAX 0.175+0.01 
 SAPNRG-WA 0.14+0.005 
 VELESTO 0.39+0.005 
 HSI-C7J 0.15-0.01 
 SANICHI 0.0450.00 

TOP ARTICLES

1. Sapura Energy : Rebuilding Its Empire Weekly GreenTrade$ watchlist
2. Stocks on Radar - Sapura Energy (5218) AmInvest Research Reports
3. THIS IS NOW THE BEST TIME TO DEPLOY MONEY FULLY INTO THE COMING BULL YEAR OF 2020, Calvin Tan Research THE INVESTMENT APPROACH OF CALVIN TAN
4. The Opium wars (How Hong Kong Began) - Koon Yew Yin Koon Yew Yin's Blog
5. LKL International Berhad - The Hidden Star in the Healthcare Sector LKL International Berhad
6. ALAM MARITIM (5115) Bull Searcher
7. [转贴] 阿里巴巴不缺钱 为何还要在港上市? Good Articles to Share
8. [转贴] [PESTECH INTERNATIONAL BHD:订单额达16.3亿令吉,并对本地及海外的进一步业务发展抱有积极的期望;决定着手参与了2019年8月19日提交的大规模太阳能3项目的招标] - James的股票投资James Share Investing James的股票投资James Share Investing
Partners & Brokers