Where Futures Lies
Daily Futures Trading Strategy 21 August 2020 (Foreign Market)
Futurescoin
Publish date: Fri, 21 Aug 2020, 03:12 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
Nasdaq ended at a record high on Thursday, with the S&P 500 and Dow also rising, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve's view of a difficult road to economic recovery.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Attempt long if market trades firmly above 27824. Targets are 27933 and 28070.
Plan B : Cut below 27710.
Plan C : Attempt short if market trades below 27824. Targets are 27630 and 27590.
Plan D : Cut above 27910.
E-Mini S&P 500
The Dow climbed 46.85 points, or 0.2%, to close at 27,739.73. The S&P 500 gained 0.3% to end the day at 3,385.51. The Nasdaq Composite advanced 1.1% to 11,264.95. Solid gains in tech offset the release of disappointing unemployment data.
U.S. weekly jobless claims totaled 1.106 million last week, the Labor Department reported. Economists polled by Dow Jones had expected 923,000 first-time applicants during the week ended Aug. 15. In the week prior, the tally had dropped below 1 million for the first time since mid-March. The jump in unemployment claims came as lawmakers struggled to move forward on a new coronavirus stimulus bill. Recently, an additional unemployment benefit for those impacted by the pandemic expired.
Shares of Facebook rose 2.4% and Apple advanced 2.2% as Big Tech was the best-performing group in the market on Thursday. Amazon climbed 1% and Microsoft closed 2.3% higher.
Existing home sales data are set for release Friday.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Short if market failed to support above 3377.25. Targets are 3350.25, 3321.25 and 3298.75.
Plan B : Long if market doesn't retrace much and supported firm above 3377.25. Targets are 3398.25, 3417.50 and 3439.25.
E-Mini Nasdaq
U.S. stock futures rose early Friday morning as traders were set to end a week which saw the broader market reach a record level.
Earlier this week, the S&P 500 broke above its late-February high and notched a fresh all-time high. The Nasdaq Composite also hit a record on Thursday. The S&P 500 ended Thursday’s session up 0.4% for the week while the Nasdaq was up over 2% week to date.
Sentiment has been kept in check this week, however, by mixed economic data and a warning from the Federal Reserve.
The Labor Department said Thursday that initial weekly jobless claims came in above 1 million, surpassing a Dow Jones estimate of 923,000. To be sure, continuing claims decreased by more than 600,000.
The latest data on U.S. existing home sales is due for release Friday at 10 a.m. ET.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Short if market failed to support above 11422.25. Targets are 11380.25, 11335.25 and 11298.75.
Plan B : Long if market doesn't retrace much and supported firm above 11422.25. Targets are 11447.25, 11470.25 and 11475.50.
HSI
Hong Kong shares fell the most in nearly two weeks on Thursday, as hopes of further China stimulus faded and poor corporate earnings and simmering Sino-U.S. tensions weighed on sentiment.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Attempt short if market does not breach above 24870. Targets are 24720 and 24620. Cut above 24950.
Plan B : Consider long if market trades firmly above 24620. Targets are 24720 and 24870. Cut below 24560.
WTI Crude
Oil fell on Thursday after Reuters reported OPEC+ needed to address daily oversupply of more than 2 million barrels, and the number of U.S. unemployment benefit claims rose unexpectedly, signalling a slow economic recovery.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Remain buy as long as oil price stays above 42.6
Plan B : Exit below 41.6
Plan C : Consider selling if oil price surges but fails to breach above 42.6
Plan D : Cut above 43.0
Gold
Gold recovered on Thursday from a side of more than 3% in the last session, after U.S. jobless claims unexpectedly topped one million again and the Federal Reserve minutes reiterated concerns over economic recovery.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Attempt buy if gold price trades firmly above 1932
Plan B : Cut below 1922
Plan C : Consider selling if gold price trades below 1967
Plan D : Cut above 1980
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....
