Highlights

Where Futures Lies

Author: Futurescoin   |   Latest post: Tue, 7 Apr 2020, 4:52 AM

 

Daily Futures Trading Strategy 18 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 rose on Friday, lifted by a handful of positive earnings reports, while investors kept a close watch on retail sales data and assessed the economic fallout of the coronavirus outbreak.

U.S. stock market rested on Monday for President's Day and all exchange will resume operation on Tuesday.


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

Plan A : Attempt to short if market does not breach above 29385. Targets are 29350, 29310 and 29265.
Plan B : Cut above 29420.
Plan C : Continue to long if market tested and rebounds from 29325. Targets are 29355, 29405 and 29445.
Plan D : Cut below 29290.

 

 

E-Mini S&P 500

 

Stocks finished Friday’s session little changed, but did post weekly gains across the board. The Dow Jones Industrial Average fell 25.57 points, or 0.09%, while the S&P 500 and Nasdaq gained 0.18% and 0.2%, respectively. For the week the Dow rose 1%, the S&P gained 1.58% and the Nasdaq rose 2.2%.

 

Nearly one in five S&P 500 companies have said China’s virulent coronavirus will impact their revenues or profits, underscoring the far-reaching toll the disease is expected to take on businesses around the world.

 

A CNBC analysis of more than 180 earnings transcripts and other corporate releases since the beginning of 2020 showed a high level of concern.

 

While most management teams that have warned of a revenue hit said they don’t expect any impact to full-year figures, many expect a drag in the first quarter.

 

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

 

Plan A : Short if market failed to support above 3362.50. Targets are 3345.25, 3336.50 and 3325.50.

Plan B : Long if market doesn't retrace much but supported firm above 3362.50. Targets are 3375.25, 3386.25 and 3398.50.

 


 

E-Mini Nasdaq

 

Stocks are likely to remain hostage to developments involving the coronavirus in the week ahead, and even so, the market could continue to hit new highs.

 

Economists have been reducing China’s growth outlook for the quarter, with some seeing little or no growth and then a bounce back in the high single digits next quarter. The U.S. economy is not expected to take a big hit, but the question for the stock market is how will corporate earnings be impacted.

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

 

Plan A : Short if market failed to support above 9568.25. Targets are 9528.50, 9498.25 and 9468.25.

Plan B : Long if market doesn't retrace much and supported firm above 9568.25. Targets are 9595.25, 9614.50 and 9628.25.

 

 

HSI

Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing stepped up policy stimulus to cushion the economic impact from the corona-virus outbreak. 

The Hang Seng index closed up 0.5% at 27,959.60, after touching its highest level since Jan. 22.

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

Plan A : Above 28034, do nothing.
Plan B : Below 27650, do nothing.
Plan C : Consider to short if market does not breach above 28034.
Plan D : Cut above 28110.
Plan E : Attempt to long if market supported firm above 27775.
Plan F : Cut below 27650.

 

 

WTI Crude


Oil prices fell on Tuesday, tracking losses in financial markets on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand.

 

Brent crude was at $57.07 a barrel, down 60 cents, or 1%, by 0348 GMT, while U.S. WTI crude fell 38 cents, or 0.7%, to $51.67 a barrel.

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

 

Plan A : Long if market doesn't retrace much but supported firm above 51.53. Targets are 52.01, 52.35 and 52.60.

Plan B : Short if market failed to support above 51.53. Targets are 51.03, 50.72 and 50.45. 




Gold

 

Gold rose to a two-week high on Tuesday, spurred by demand for safe-havens after iPhone maker Apple Inc’s revenue warning underscored the financial fallout of the coronavirus epidemic in China.

 

Spot gold was up 0.4% at $1,586.32 per ounce as of 0246 GMT. Earlier in the session, prices touched their highest since Feb. 3 at $1,586.90.

 

U.S. gold futures inched up by 0.2% to $1,589.30.

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

 

Plan A : Long if market supported firm above 1587.60. Targets are 1595.80, 1600.20 and 1606.10.

Plan B : Short if market failed to support above 1587.60. Targets are 1579.90, 1573.10 and 1568.20. 




 

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
 
 

8874 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HIPS 9.0660.00 
 HONE 7.380.00 
 ENZL 44.810.00 
 KOD 46.920.00 
 UPRO 29.430.00 
 COLD 34.210.00 
 UBIO 17.7650.00 
 ALYA 1.600.00 
 CIGI 48.720.00 
 AXNX 25.130.00 
Partners & Brokers