Highlights

Where Futures Lies

Author: Futurescoin   |   Latest post: Thu, 22 Oct 2020, 12:32 AM

 

Daily Futures Trading Strategy 11 February 2020

Author:   |    Publish date:


 

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 were flat on Monday after Wall Street’s rise last week, with investors monitoring the economic impact of the coronavirus outbreak and company updates as workers returned to work in China.

 

The death toll from the epidemic has now surpassed that of Severe Acute Respiratory Syndrome (SARS) from 2002-2003 and the World Health Organization said the number of cases outside China could be just “the tip of the iceberg”.

 

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

Plan A : Attempt to short if market falls below 29170. Targets are 29135, 29090 and 29040.
Plan B : Cut above 29205.
Plan C : Continue to long if market stays above 29206. Targets are 29240, 29285 and 29330.
Plan D : Cut below 29175.


 

E-Mini S&P 500

 

Stocks rose on Monday, rebounding from a decline earlier in the day, led by solid gains in tech shares such as Amazon.

 

The Dow Jones Industrial Average gained 174.31 points, or 0.6%, to close at 29,276.82 after dropping more than 100 points to start off the session. The S&P 500 advanced 0.73% to 3,352.09 while the Nasdaq Composite gained 1.13% to end the day at 9,628.39. Both the S&P 500 and Nasdaq reached all-time highs, boosted by a 2.6% jump in Amazon shares, as investors looked past the potential economic impact from the deadly coronavirus. Monday’s climb brought the S&P 500 and Nasdaq’s year-to-date gains to 3.7% and 7.3%, respectively.

 

Amazon rose 2.6% to a record high, breaking above $2,100 per share for the first time. Netflix and Alphabet both closed more than 1% higher while Facebook eked out a gain. Tesla, meanwhile gained more than 3% in another volatile session for the electric car maker. Boeing was the best-performing Dow stock, closing 2% higher. Microsoft, Visa and Cisco Systems added to the 30-stock average’s gains, advancing more than 1% each. 

 

The major averages were coming off their first loss in five sessions, with the Dow falling more than 200 points on Friday. Mounting concerns over how  the coronavirus would impact China’s economy, the second-largest in the world, pressured stocks. Despite Friday’s losses, Wall Street logged in its biggest weekly gain since June as the S&P 500 jumped 3.2%. Strong economic data along with solid corporate earnings reports fueled the market’s weekly surge.

 

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

 

Plan A : Short if market failed to support above 3343.25. Targets are 3328.25, 3315.50 and 3304.75.
Plan B : Long if market retraced but supported firm above 3323.50. Targets are 3335.25, 3346.50 and 3358.75.



 

E-Mini Nasdaq

U.S. stock index futures are pointing to a higher open on Wall Street Tuesday as stocks look to continue Monday’s rally.
 

At around 2:30 a.m. ET, Dow futures were up 57 points and indicated an implied positive open of more than 70 points, while futures on the S&P 500 and Nasdaq were also higher.

 

Investors continue to monitor news on the coronavirus outbreak, after China’s National Health Commission on Monday night said the death toll had risen to 1,016 people with 42,638 confirmed cases.

 

President Donald Trump unveiled his $4.8 trillion budget plan for the coming fiscal year on Monday, drawing rebukes from congressional Democrats over its plan to cut Medicare, Medicaid and Social Security despite the president’s repeated promises to protect them.

 

The budget proposed $150 million to create a U.S. uranium reserve in order to aid ailing producers, along with a $25.2 billion budget for NASA, the agency’s largest in decades.

 

Fourth-quarter and full-year earnings remain in focus, with Hasbro and Under Armour among those reporting before the bell on Tuesday, while numbers are due out of Lyft and Western Union after the close of trading.

 

On the data front, January NFIB business optimism figures are expected at 6:00 a.m. ET and JOLTS job openings for December are due at 10:00 a.m. ET.

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

Plan A : Short if market failed to support above 9514.25. Targets are 9478.25, 9447.25 and 9418.50.

Plan B : Long if market doesn't retrace much but supported firm above 9498.25. Targets are 9525.25, 9548.75 and 9563.25

 

 

 

HSI

 

Hong Kong shares extended losses on Monday, as the rising severity of the coronavirus outbreak in mainland China, where it has killed more than 900 people, fanned fears of a slowdown in global economic growth.

 

At the close of trade, the Hang Seng index was down 0.6% at 27,241.34, falling for a second straight session.

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

Plan A : Above 27417, do nothing.
Plan B : Below 26795, do nothing.
Plan C : Consider to short if market does not breach above 27323.
Plan D : Cut above 27417.
Plan E : Attempt to long if market supported firm above 26941.
Plan F : Cut below 26865.


 

WTI Crude

 

Oil prices fell to their lowest level since January 2019 on Monday on weaker Chinese demand in the wake of coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.

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

Plan A : Remain sell as long as oil price stays trading below 50.3

Plan B : Cut above 50.5

Plan C : Consider buying only if oil price able to support above 49.6

Plan D : Cut below 49.3



 

Gold

 

Gold rose to its highest in one week on Monday as the death toll from the coronavirus outbreak rose further and investors sought safe havens from the economic impact.

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

Plan A : Remain buy as long as gold price stays firm above 1560

Plan B : Cut below 1556.7

Plan C : Consider selling only if gold price surges but fails to breach above 1577

Plan D : Cut above 1580

 



 

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.

 

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 were flat on Monday after Wall Street’s rise last week, with investors monitoring the economic impact of the coronavirus outbreak and company updates as workers returned to work in China.

 

The death toll from the epidemic has now surpassed that of Severe Acute Respiratory Syndrome (SARS) from 2002-2003 and the World Health Organization said the number of cases outside China could be just “the tip of the iceberg”.

 

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

Plan A : Attempt to short if market falls below 29170. Targets are 29135, 29090 and 29040.
Plan B : Cut above 29205.
Plan C : Continue to long if market stays above 29206. Targets are 29240, 29285 and 29330.
Plan D : Cut below 29175.


 

E-Mini S&P 500

 

Stocks rose on Monday, rebounding from a decline earlier in the day, led by solid gains in tech shares such as Amazon.

 

The Dow Jones Industrial Average gained 174.31 points, or 0.6%, to close at 29,276.82 after dropping more than 100 points to start off the session. The S&P 500 advanced 0.73% to 3,352.09 while the Nasdaq Composite gained 1.13% to end the day at 9,628.39. Both the S&P 500 and Nasdaq reached all-time highs, boosted by a 2.6% jump in Amazon shares, as investors looked past the potential economic impact from the deadly coronavirus. Monday’s climb brought the S&P 500 and Nasdaq’s year-to-date gains to 3.7% and 7.3%, respectively.

 

Amazon rose 2.6% to a record high, breaking above $2,100 per share for the first time. Netflix and Alphabet both closed more than 1% higher while Facebook eked out a gain. Tesla, meanwhile gained more than 3% in another volatile session for the electric car maker. Boeing was the best-performing Dow stock, closing 2% higher. Microsoft, Visa and Cisco Systems added to the 30-stock average’s gains, advancing more than 1% each. 

 

The major averages were coming off their first loss in five sessions, with the Dow falling more than 200 points on Friday. Mounting concerns over how  the coronavirus would impact China’s economy, the second-largest in the world, pressured stocks. Despite Friday’s losses, Wall Street logged in its biggest weekly gain since June as the S&P 500 jumped 3.2%. Strong economic data along with solid corporate earnings reports fueled the market’s weekly surge.

 

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

 

Plan A : Short if market failed to support above 3343.25. Targets are 3328.25, 3315.50 and 3304.75.
Plan B : Long if market retraced but supported firm above 3323.50. Targets are 3335.25, 3346.50 and 3358.75.



 

E-Mini Nasdaq

U.S. stock index futures are pointing to a higher open on Wall Street Tuesday as stocks look to continue Monday’s rally.
 

At around 2:30 a.m. ET, Dow futures were up 57 points and indicated an implied positive open of more than 70 points, while futures on the S&P 500 and Nasdaq were also higher.

 

Investors continue to monitor news on the coronavirus outbreak, after China’s National Health Commission on Monday night said the death toll had risen to 1,016 people with 42,638 confirmed cases.

 

President Donald Trump unveiled his $4.8 trillion budget plan for the coming fiscal year on Monday, drawing rebukes from congressional Democrats over its plan to cut Medicare, Medicaid and Social Security despite the president’s repeated promises to protect them.

 

The budget proposed $150 million to create a U.S. uranium reserve in order to aid ailing producers, along with a $25.2 billion budget for NASA, the agency’s largest in decades.

 

Fourth-quarter and full-year earnings remain in focus, with Hasbro and Under Armour among those reporting before the bell on Tuesday, while numbers are due out of Lyft and Western Union after the close of trading.

 

On the data front, January NFIB business optimism figures are expected at 6:00 a.m. ET and JOLTS job openings for December are due at 10:00 a.m. ET.

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

Plan A : Short if market failed to support above 9514.25. Targets are 9478.25, 9447.25 and 9418.50.

Plan B : Long if market doesn't retrace much but supported firm above 9498.25. Targets are 9525.25, 9548.75 and 9563.25

 

 

 

HSI

 

Hong Kong shares extended losses on Monday, as the rising severity of the coronavirus outbreak in mainland China, where it has killed more than 900 people, fanned fears of a slowdown in global economic growth.

 

At the close of trade, the Hang Seng index was down 0.6% at 27,241.34, falling for a second straight session.

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

Plan A : Above 27417, do nothing.
Plan B : Below 26795, do nothing.
Plan C : Consider to short if market does not breach above 27323.
Plan D : Cut above 27417.
Plan E : Attempt to long if market supported firm above 26941.
Plan F : Cut below 26865.


 

WTI Crude

 

Oil prices fell to their lowest level since January 2019 on Monday on weaker Chinese demand in the wake of coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.

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

Plan A : Remain sell as long as oil price stays trading below 50.3

Plan B : Cut above 50.5

Plan C : Consider buying only if oil price able to support above 49.6

Plan D : Cut below 49.3



 

Gold

 

Gold rose to its highest in one week on Monday as the death toll from the coronavirus outbreak rose further and investors sought safe havens from the economic impact.

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

Plan A : Remain buy as long as gold price stays firm above 1560

Plan B : Cut below 1556.7

Plan C : Consider selling only if gold price surges but fails to breach above 1577

Plan D : Cut above 1580

 



 

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.

 

Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
 
 

5351  3123  585  200 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 EVK 2.60+1.43 
 SNAP 38.97+2.47 
 AAPL 115.75-1.12 
 GE 7.72+0.40 
 AAL 13.15+0.405 
 T 28.28+1.56 
 OAS 0.155-0.014 
 F 8.21+0.36 
 SQQQ 21.75-0.01 
 NIO 27.38-0.48