If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.

E-Mini Dow

U.S. stock index futures turned positive on Wednesday after Federal Reserve Chair Jerome Powell said the central bank was ready to “act as appropriate” to sustain a decade-long expansion, bolstering expectations of an interest rate cut later this month.

Plan A : Attempt to long as long as market stays above 26867

Plan B : Cut below 26835. Targets at 26910 & 26960

Plan C : Consider to short if market does not breach above 26960
Plan D : Cut above 26999. Targets at 26910 & 26850

E-Mini S&P 500

Stocks reached record highs on Wednesday after testimony from Federal Reserve Chairman Jerome Powell bolstered the case for easier monetary policy in the U.S..

The S&P 500 briefly broke above 3,000 for the first time, while the Nasdaq Composite and Dow Jones Industrial Average also reached all-time highs.

S&P 500 index closed 13.44 points higher ,or 0.45%, to 2993.07. At session highs, the S&P added 22.26 points, or 0.8% to 3002.89. Shares of the tech companies such as Amazon.com, Apple and Facebook helped to lift the Nasdaq and the S&P. The S&P 500 jumped above 3000 for the first time, nearly five years after the index hit 2000.

Plan A : Buy if market supported firm above 3000.50. Targets are 3012.75 and 3028.50.

Entry : Above 3005.50, do not enter.

Plan B : Sell if market failed to support above 3000.50. Targets are 2992.75, 2985.50 and 2978.00.

Entry : Below 2995.50, do not enter.

E-Mini Nasdaq

Markets got a boost on Wednesday after the Federal Reserve Chair Jerome Powell hinted at cutting rates in his testimony to the House Financial Services Committee.

The Nasdaq Composite ended the day off its session high, but managed a record close at 8202.53 as Amazon rose 1.5% to break above $2000 per share. During session high, the Nasdaq advanced 86.87 points, or 1.1% to 8228.60. 

Tech has juiced the record-setting bull market over the past decade and its strength was indispensable to the market's resilience in recent years. The tech-heavy Nasdaq Composite was the best performer of the Big 3 indices, up nearly 80% since August 2014. 

Entry : Above 7926.25, do not enter.

Plan B : Sell if market failed to support above 7911.25. Targets are 7870.50 and 7849.75.
Entry : Below 7896.25, do not enter.