Where Futures Lies
Daily Futures Trading Strategy 13 February 2020 (Foreign Market)
Futurescoin
Publish date: Thu, 13 Feb 2020, 05:43 PM
Futurescoin
0 3,350
We track market on a daily basis and we adjust our planning according to the market movement. It is very vital for traders to adapt and react to changes.We have prioritized group that gets our first hand info on trading. If you are interested, please drop us an email at futures.coin@gmail.com for further detail. On the other hand, please follow us at our blog http://futurescoin.blogspot.com/ as posting will be early in our blog than I3investor.
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
U.S. stock index futures rose on Wednesday after a drop in the number of new cases of coronavirus infections in China raised hopes that the economic fallout from the outbreak would be contained.
China on Wednesday reported its lowest number of new coronavirus cases since January, lending weight to a prediction by its top medical adviser for the outbreak to end by April, even as the death toll in the country rose to more than 1,100 people.
However, it was still unclear to what extent economic growth would take a hit from the virus outbreak that has killed more than 1,100 people, shuttered businesses in China and roiled financial markets late January.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Attempt to short if market falls below 28473. Targets are 29438, 28398 and 28355.
Plan B : Cut above 29505.
Plan C : Continue to long if market tested and rebounds from 29388. Targets are 29420, 29465 and 29505.
Plan D : Cut below 29352.
E-Mini S&P 500
The Dow surged 275.08 points, or 0.94%, to close at 29,551.42. The S&P 500 gained 0.65% to end the day at 3,379.45. The Nasdaq Composite advanced 0.90% to 9,725.96. Stocks rose as investors shrugged off persistent worries about the coronavirus and whether it will hurt the global economy.
The Dow and S&P 500 hit record highs despite the number of coronavirus cases increasing. However, some investors took solace in the fact that the number of new confirmed cases has declined to its lowest level since late January. Meanwhile, strong earnings from companies such CVS Health lifted sentiment as well. “We have been saying that future stock gains would require P/E multiple expansion,” said Nick Raich, CEO of The Earnings Scout. “That is exactly what is happening.”
Micron shares gained 3.53% after a UBS analyst upgraded them to buy from neutral. Facebook shares also contributed to Wednesday’s gains, climbing 1.72%.
PepsiCo, Kraft Heinz and Roku are among the companies set to report on Thursday. Weekly jobless claims and the latest reading on the consumer price index are also set for release.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Short if market failed to support above 3361.25. Targets are 3345.25, 3332.50 and 3324.75.
Plan B : Long if market doesn't retrace much but supported firm above 3361.25. Targets are 3376.75, 3384.75 and 3395.25.
E-Mini Nasdaq
U.S. stock index futures are pointing to a lower open on Wall Street Thursday as investors continue to worry about the spread of the coronavirus and look ahead to a slew of earnings.
At around 1.45 E.T., Dow futures were down 115 points and indicated an implied negative open of more than 96 points, while futures on the S&P 500 and Nasdaq were also lower.
Investors continue to monitor news on the coronavirus outbreak, with China’s National Health Commission delaying the daily tally of new cases of the virus and death toll for a second day running. Figures published on Wednesday showed the nationwide death toll in the country from the coronavirus outbreak topped 1,100 as of Tuesday night.
Fed speeches by Dallas Fed President Robert Kaplan and New York Fed President John Williams on the economic outlook and monetary policy will also be of interest to markets.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Long if market supported firm above 9543.25. Targets are 9573.25, 9591.50 and 9615.25.
Plan B : Short if market doesn't rebound much and failed to support above 9543.25. Targets are 9510.25, 9489.50 and 9470.25.
Plan C : Short if market rebounded but failed to support above 9585.25. Targets are 9552.25, 9530.50 and 9512.25.
HSI
Hong Kong shares rose on Wednesday as a slowdown in the rate of new coronavirus infections in mainland China eased some concerns about the economic impact from the epidemic.
At the close of trade, the Hang Seng index was up 0.9% at 27,823.66.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Above 27917, do nothing.
Plan B : Below 27449, do nothing.
Plan C : Consider to short if market does not breach above 27820.
Plan D : Cut above 27917.
Plan E : Attempt to long if market supported firm above 27650.
Plan F : Cut below 27565.
WTI Crude
Oil jumped more than 3% at the high on Wednesday as traders eyed deeper production cuts from OPEC, and as China reported the lowest number of new coronavirus cases since the end of January, easing concerns about a drop-off in demand for oil.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Remain buy as long as oil trades firmly above 50.5
Plan B : Cut below 50.3
Plan C : Consider selling if oil price fails to breach and holds firm above 51.5
Plan D : Cut above 52.0
Gold
Gold prices eased to a near one-week low on Wednesday as risk sentiment improved after a drop in the number of new coronavirus cases comforted markets that the epidemic's effects could be contained.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Remain buy as long as gold price stays firm above 1560
Plan B : Cut below 1556.7
Plan C : Consider selling only if gold price surges but fails to breach above 1577
Plan D : Cut above 1580
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.
More articles on Where Futures Lies
Daily Futures Trading Strategy 232 January 2022 (Foreign Market)
Created by Futurescoin | Jan 23, 2024
Daily Futures Trading Strategy 22 January 2022 (Foreign Market)
Created by Futurescoin | Jan 22, 2024
Daily Futures Trading Strategy 19 January 2022 (Foreign Market)
Created by Futurescoin | Jan 19, 2024
Daily Futures Trading Strategy 18 January 2022 (Foreign Market)
Created by Futurescoin | Jan 18, 2024
Daily Futures Trading Strategy 16 January 2022 (Foreign Market)
Created by Futurescoin | Jan 16, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
3
4
6
Good Articles to Share
7
Good Articles to Share
Sydney house fire kills three children, police suspect homicide
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
