Where Futures Lies

Daily Futures Trading Strategy 19 May 2022 (Foreign Market)

Futurescoin
Publish date: Thu, 19 May 2022, 03:09 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.

 

 

WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq

 

 
If you like what we are doing, kindly like and share our page on FB. Follow us on FB for more updates.
 
 
Click here to contact us: https://goo.gl/B6Dccf 
 
E-Mini Dow
 
Global stocks plunged and the dollar strengthened for the first time in four sessions on Wednesday as concerns about rising inflation on economic growth soured sentiment.

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

Plan A: Remain short as long as market trades below 31836. Targets are 31250 and 30859.

Plan B: Consider long if market stays above 32031. Targets are 32227 and 32422.



 
E-Mini S&P 500

 

The Dow Jones Industrial Average posted its biggest loss since 2020 on Wednesday after another major retailer warned of rising cost pressures, confirming investors’ worst fears over rising inflation and rekindling the brutal 2022 sell-off.
 
The S&P 500 traded 4.04% lower to 3,923.68.
 
Stocks and other risk assets have been pressured by inflation and the Federal Reserve’s attempt to tamp down price increases through rate hikes, which have led to concerns about a potential recession.

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

Plan A: Short if market failed to support above 3910. Targets are 3905 and 3898.

Plan B: Long only if market supported firm above 3910. Targets are 3926 and 3933. 





 
 
E-Mini Nasdaq

 

Stock futures were mildly in positive territory in overnight trading Wednesday after the Dow Jones Industrial Average experienced its biggest one-day drop since 2020.
 
The Nasdaq Composite slipped 4.73% to 11,418.15.
 
The yield on the benchmark 10-year Treasury note dipped below 2.9% after briefly topping 3% on Wednesday morning as investors huddled back into bonds as a safe haven.
 
Initial jobless claims are also slated for release Thursday morning.

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

Plan A: Short if market failed to support above 11860. Targets are 11834 and 11799.

Plan B: Long if market supported firm above 11860. Targets are 11893 and 11929.


 
HSI
Hong Kong's Hang Seng Index opened lower but reversed midday and managed to eek out a 0.2% gain. 

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

Plan A: Remain short if the market stays below 20000. Targets are 19688 and 19036.

Plan B: Consider long only if the market stays above 20000. Targets are 20313 and 20625.


 
 
WTI Crude
Oil prices fell 2.5% on Wednesday, reversing early gains as traders grew less worried about a supply crunch after government data showed U.S. refiners ramped up output, and as crude futures followed Wall Street lower.

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

Plan A: Remain short as long as oil price stays below 109.38. Targets are 104.69 and 103.13.

Plan B: Consider long only if oil price stays firm above 103.13. Targets are 106.25 and 109.38.

 
 
Gold
Gold reversed course to rise on Wednesday as a slide in U.S. Treasury yields helped offset pressure from a firmer dollar and the Federal Reserve's plans for aggressive interest rate hikes.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your May subscription.
Plan A: Remain short as long as gold price stays below 1828.1. Targets are 1804.7 and 1796.9.
Plan B: Attempts long only if gold price stays above 1804.7. Targets are 1816.4 and 1824.2.
 
 

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, mining.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, 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