Where Futures Lies

Daily Futures Trading Strategy 26 February 2020 (Foreign Market)

Futurescoin
Publish date: Wed, 26 Feb 2020, 05:44 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 edged higher on Tuesday, helped by a slate of positive earnings, a day  the Dow Industrials logged the worst session in two years on worries over the worldwide spread of the virus.

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

Plan A : Continue to hold short if market stays below 27205. Targets are 27170, 27130 and 27085. 
Plan B : Exit above 28240.
Plan C : Long only if market rebounds from 27245. Targets are 27280, 27320 and 37365.
Plan D : Cut below 27210.


 

E-Mini S&P 500

 

Overnight on Wall Street, stocks plunged for a second straight session. The Dow plummeted 879.44 points to closed at 27,081.36 — posting back-to-back losses of at least 800 points for the first time ever. The S&P 500 slid 3% to end its trading day at 3,128.21, posting back-to-back declines of 3%. The Nasdaq Composite fell 2.8% to close at 8,965.61.

 

The moves stateside came amid a confluence of factors, such as top Centers for Disease Control and Prevention (CDC) official Dr. Nancy Messonnier telling reporters on a conference call that the American public should prepare in the expectation that the coronavirus situation in the U.S. “could be bad.”

 

Movements in the bond markets also spooked investors, with the benchmark 10-year Treasury yield hitting an all-time low. The 30-year U.S. bond yield also reached a record low. Bond prices move inversely to yields. The 10-year Treasury yield was last at 1.3454%. 

 

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

 

Plan A : Short if market failed to support above 3126.25. Targets are 3111.50, 3099.25 and 3088.75.

Plan B : Long if market supported firm above 3126.25. Targets are 3137.25, 3148.50 and 3157.75.

 

 

 

E-Mini Nasdaq
 

Stocks plunged for a second day on Tuesday, with the Dow tumbling 879 points, bringing its two-day losses to nearly 1,900 points. The S&P 500 wiped out a whopping $1.7 trillion in just two sessions. The equity benchmark nosedived 6.3% since Monday, suffering its biggest two-day drop since August 2015.

 

Futures were up slightly after stocks’ worst two-day rout in more than four years amid heightened concern the coronavirus will upend global economic growth.

 

As of 1:16 a.m. ET Wednesday, futures on the Dow rose 43 points, pointing to an implied opening gain of 96.64 points for the index at Wednesday’s open. S&P 500 and Nasdaq futures also pointed to opening gains for the two indexes on Wednesday.

 

 

To be sure, futures trading this early may not be a signal the selling will end on Wednesday. Futures bounced initially Monday evening before the market fell again on Tuesday. Investors are awaiting updates on the coronavirus infections around the world, especially in China, South Korea and Italy.

 

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

 

Plan A : Short if market failed to support above 8789.25. Targets are 8752.25, 8718.75 and 8689.25.

Plan B : Long if market supported firm above 8789.25. Targets are 8814.25, 8832.25 and 8855.75.



 

HSI

Hong Kong stocks recovered from early falls to close slightly higher on Tuesday, as investors expected the coronavirus outbreak outside China to have a limited impact on the world’s second-largest economy. 

The Hang Seng index rose 0.3%, to 26,893.23.

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

Plan A : Attempt to short if market stays below 26352. Targets are 26277 and 26192.
Plan B : Long only if market does not break below 26025 and rebounds. Targets are 26100 and 26185.

 

 

 

WTI Crude

 

Oil fell below $55 a barrel on Tuesday, dropping for a third day,as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libran supply losses.

 

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

 

Plan A : Attempt sell if oil price stays below 50.3

Plan B : Cut above 50.6

Plan C : Consider buying if oil price able to hold resiliently above 50.0

Plan D : Cut below 49.7



 

Gold

 

Gold fell over 1% on Tuesday as the metal's rally to 7-year highs in the last session prompted profit-taking even as worries about the coronavirus kept investors anxious about the fate of global economy.

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

 

Plan A : Attempt sell if gold price trades below 1667.8

Plan B : Cut above 1670

Plan C : Consider buying if gold price holds firm above 1642

Plan D : Cut below 1638

 

 

 

 

 

 

 

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.

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment