Where Futures Lies

Daily Futures Trading Strategy 29 December 2022 (Foreign Market)

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Publish date: Fri, 29 Dec 2023, 03:22 PM
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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 ushttps://goo.gl/B6Dccf 

E-Mini Dow
 
Wall Street drifted higher in light trading on Thursday, as firming bets of interest rate cuts in the coming year supported stock prices as market participants eyed a potential bull market confirmation.
 
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
 
Plan A: Remain long as long as market trades above 37597. Targets are 37890 and 37988.
 
Plan B: Consider short if market stays below 37597. Targets are 37402 and 37304.


E-Mini S&P 500

Stock futures were inched higher on Friday as Wall Street looks to end a winning year on a high note and possibly a new milestone.

The S&P 500 enters the final trading day of 2023 less than 0.5% from a new record high, which could serve as an exclamation point on a rally that has gained strength in the final months of the year.
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Dec subscription.

Plan A: Long if market supported firm above 4720. Targets are 4740 and 4760.

Plan B: Short if market failed to support above 4720. Targets are 4700 and 4792.


E-Mini Nasdaq


The story for much of 2023 was the excitement around artificial intelligence fueling big gains for the “Magnificent 7” stocks like Nvidia and Microsoft, which bolstered the indexes even as the average stock struggled amid rising interest rates and fueled the outperformance of the tech-heavy Nasdaq.

But with the Federal Reserve signaling it is likely done with rate hikes and could even cut rates multiple times next year, the 10-year Treasury yield dove from above 5% in late October to less than 3.9% on Thursday. Investors have also grown more confident in a possible “soft landing” where the U.S. economy avoids a recession.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Dec subscription.
 
Plan A: Long if market retraced but supported firm above 16870. Targets are 16900 and 16926.
 
Plan B: Short if market fall below 16870. Target are 16825 and 16799

 
HSI
Hong Kong stocks edged higher at the open on Thursday, continuing the previous day's rally and building on gains in US stocks.
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.

Plan A: Remain long if the market stays above 16875. Targets are 17188 and 17344.

Plan B: Consider short only if the market stays below 16875. Targets are 16719 and 16563.

WTI Crude
Crude oil futures are lower as concerns about shipping disruptions in the Red Sea ease and the market watches for the EIA's weekly report on crude oil and products inventories.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.

Plan A: Remain short as long as oil price stays below 74.22. Targets are 71.09 and 70.31.

Plan B: Consider long only if oil price stays above 74.22. Targets are 75.00 and 76.56.

 
Gold
Gold scaled a three-week peak on Wednesday as traders bought zero-yield bullion in anticipation of U.S. interest-rate cuts next year, while a dip in the dollar and bond yields also supported prices.
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
Plan A: Remain long as long as gold price stays above 2062.50. Targets are 2085.93 and 2093.75.
Plan B: Attempts short only if gold price stays below 2062.50. Targets are 2054.68 and 2046.87.
 
 

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. 

 

 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 ushttps://goo.gl/B6Dccf 

E-Mini Dow
 
Wall Street drifted higher in light trading on Thursday, as firming bets of interest rate cuts in the coming year supported stock prices as market participants eyed a potential bull market confirmation.
 
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
 
Plan A: Remain long as long as market trades above 37597. Targets are 37890 and 37988.
 
Plan B: Consider short if market stays below 37597. Targets are 37402 and 37304.


E-Mini S&P 500

Stock futures were inched higher on Friday as Wall Street looks to end a winning year on a high note and possibly a new milestone.

The S&P 500 enters the final trading day of 2023 less than 0.5% from a new record high, which could serve as an exclamation point on a rally that has gained strength in the final months of the year.
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Dec subscription.

Plan A: Long if market supported firm above 4720. Targets are 4740 and 4760.

Plan B: Short if market failed to support above 4720. Targets are 4700 and 4792.


E-Mini Nasdaq


The story for much of 2023 was the excitement around artificial intelligence fueling big gains for the “Magnificent 7” stocks like Nvidia and Microsoft, which bolstered the indexes even as the average stock struggled amid rising interest rates and fueled the outperformance of the tech-heavy Nasdaq.

But with the Federal Reserve signaling it is likely done with rate hikes and could even cut rates multiple times next year, the 10-year Treasury yield dove from above 5% in late October to less than 3.9% on Thursday. Investors have also grown more confident in a possible “soft landing” where the U.S. economy avoids a recession.

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Dec subscription.
 
Plan A: Long if market retraced but supported firm above 16870. Targets are 16900 and 16926.
 
Plan B: Short if market fall below 16870. Target are 16825 and 16799

 
HSI
Hong Kong stocks edged higher at the open on Thursday, continuing the previous day's rally and building on gains in US stocks.
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.

Plan A: Remain long if the market stays above 16875. Targets are 17188 and 17344.

Plan B: Consider short only if the market stays below 16875. Targets are 16719 and 16563.

WTI Crude
Crude oil futures are lower as concerns about shipping disruptions in the Red Sea ease and the market watches for the EIA's weekly report on crude oil and products inventories.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.

Plan A: Remain short as long as oil price stays below 74.22. Targets are 71.09 and 70.31.

Plan B: Consider long only if oil price stays above 74.22. Targets are 75.00 and 76.56.

 
Gold
Gold scaled a three-week peak on Wednesday as traders bought zero-yield bullion in anticipation of U.S. interest-rate cuts next year, while a dip in the dollar and bond yields also supported prices.
 
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jan subscription.
Plan A: Remain long as long as gold price stays above 2062.50. Targets are 2085.93 and 2093.75.
Plan B: Attempts short only if gold price stays below 2062.50. Targets are 2054.68 and 2046.87.
 
 

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. 

 

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