Where Futures Lies

Daily Futures Trading Strategy 21 September 2022 (Foreign Market)

Futurescoin
Publish date: Wed, 21 Sep 2022, 03:02 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
 
Wall Street ended Tuesday lower as the eve of a U.S. Federal Reserve meeting expected to bring another large interest rate hike brought further evidence of the impact on corporate America from the inflation that the U.S. central bank wants to tame.

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

Plan A: Remain short as long as market trades below 31055. Targets are 30566 and 30469.
 
Plan B: Consider long if market stays above 31055. Targets are 31152 and 31250.



E-Mini S&P 500

Stock futures were slightly higher on Wednesday morning as traders look ahead to the upcoming interest rate hike announcement from the Federal Reserve.

Yields also jumped Tuesday. The 2-year U.S. Treasury note yield surged as high as 3.99%, its highest level since 2007. The yield on the 10-year Treasury briefly touched 3.6%, the most since 2011.

Investors expect that on Wednesday, the central bank will deliver its third consecutive 0.75 percentage point rate hike to tame high inflation. A higher-than-expected consumer price index reading in August and hawkish comments on rate hikes from Fed leaders have weighed on stocks, with more pressure likely ahead as the central bank continues to fight inflation.


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

Plan A : Short if market failed to support above 3947. Targets are 3832 and 3825.

Plan B : Long if market retraced but supported firm above 3847. Targets are 3852 and 3869.

 
E-Mini Nasdaq
 
Stocks fell Tuesday on the first day of the Federal Open Market Committee’s meeting. The Dow Jones Industrial Average shed 313.45 points, or 1.01%.

Even though the Federal Reserve is set to deliver its third consecutive 0.75 percentage point rate hike this week - tripling the pace of tightening - they should be careful not to throw the economy into a recession, said Ron Temple, head of U.S. Equity at Lazard Asset Management.

Stock futures opened flat Tuesday evening as Wall Street awaits the Federal Reserve Open Market Committee’s interest rate decision Wednesday. The central bank is expected to deliver another 0.75 percentage point interest rate hike to calm inflation.

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

Plan A : Short only if market failed to support above 11832. Targets are 11809 and 11774.

Plan B : Long if market retraced but supported firm above 11832. Targets are 11862 and 11901.


HSI
Asian shares climbed on Tuesday following a rebound in the final hour of New York trading on the view that an expected hefty Federal Reserve interest rate hike this week to tackle inflation had been priced into the market.

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

Plan A: Remain short if the market stays below 18750. Targets are 18516 and 18438.

Plan B: Consider long only if the market stays above 18750. Targets are 18828 and 18906.

 
WTI Crude
Oil prices dipped on Tuesday, following other risk assets lower, as the dollar stayed strong and investors anticipated more central bank interest-rate hikes designed to quell inflation.

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

Plan A: Remain short as long as oil price stays below 85.94. Targets are 82.81 and 81.25.

Plan B: Consider long only if oil price stays above 85.94. Targets are 87.50 and 89.06.

 
 
Gold
Gold prices dropped as much as 1% on Tuesday as the dollar and Treasury yields firmed, and investors squared positions ahead of a widely expected large interest rate hike by the U.S. Federal Reserve this week.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.
Plan A: Remain short as long as gold price stays below 1687.5 Targets are 1671.9 and 1664.1.
Plan B: Attempts long only if gold price stays above 1687.5. Targets are 1695.3 and 1703.1.
 
 

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