Highlights

Where Futures Lies

Author: Futurescoin   |   Latest post: Fri, 16 Apr 2021, 4:10 AM

 

Daily Futures Trading Strategy 11 March 2021

Author:   |    Publish date:


           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

 
The S&P 500 rose on Wednesday and the blue-chip Dow hit a record high after tepid consumer price data for February calmed inflation worries and Congress gave final approval to one of the largest economic stimulus measures in U.S. history.
 

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

Plan A : Remain buy as long as market trades firmly above 32046. Targets are 32365 and 32408.
 
Plan B : Consider short only market surges but fails to breach above 32408. Targets are 32256 and 32046.

 
 
E-Mini S&P 500
 

The Dow Jones Industrial Average soared more than 400 points to a record after falling bond yields and a new stimulus package spurred investors to snap up stocks that will benefit from a faster recovery from the pandemic.

The S&P 500 added 0.6% to 3,898.81, led by energy and financials. 

Cyclical stocks, or those most sensitive to an economic rebound, led the gains, resuming the trend seen in the past few weeks. The S&P 500 energy sector jumped 2.6%, bringing its 2021 gains to more than 39%. Industrials, materials, and financials all advanced more than 1%.

The Labor Department said consumer prices increased 0.4% in February, matching expectations from economists polled by Dow Jones. The Consumer Price Index gained 1.7% on a year-over-year basis, also in line with estimates.

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 3915. Targets are 3931, 3948 and 3963.

Plan B : Short if market failed to support above 3915. Targets are 3891, 3867 and 3839.

 

E-Mini Nasdaq
 

U.S. stocks rose on Tuesday after a decline in bond yields caused investors to rotate back into the beaten-up technology sector.

The Nasdaq Composite closed less than 0.1% lower at 13,068.83 after gaining as much as 1.6% earlier in the day. The tech-heavy benchmark enjoyed a 3.7% rally in the previous session for its best day since November.

Technology shares rebounded from steep losses as bond yields stabilized. The 10-year Treasury yield fell more than 5 basis points to 1.54%. The benchmark rate traded as high as 1.62% on Monday.

The Nasdaq shed 2.4% in the previous session to close more than 10% below its Feb.12 high and falling into correction territory. High-growth names have been pressured lately as rising rates make their future profits less valuable today, making it hard to justify the stocks’ lofty valuations.

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 12971. Targets are 13002, 13031 and 13058.

Plan B : Short if market failed to support above 12971. Targets are 12932, 12894 and 12845.
 

 
HSI
 
Hong Kong shares closed higher on Wednesday, led by tech stocks as the Nasdaq index surged overnight on a retreat in U.S. bond yields, though fears of policy tightening in China capped gains.
 

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

Plan A : Remain buy as long as market stays firm above 28757. Targets are 28912 and 29196.
 
Plan B : Consider short only if market surges but fails to breach above 29249. Targets are 29110 and 28912.
 

 
WTI Crude
 
Oil prices rose on Wednesday despite a large jump in U.S. crude inventories in the aftermath of last month's Texas winter storm. An upbeat forecast for global economic recovery supported prices.
 

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

 

Plan A : Remain buy as long as oil price trades firmly above 64.1. Targets are 65.6 and 67.0.

Plan B : Consider short only if oil price surges but fails to breach above 65.6. Targets are 64.6 and 64.1.

 
 
Gold
 
Gold erased earlier losses to hit a one-week high on Wednesday, as U.S. Treasury yields eased after subdued inflation data, with bullion gaining further support from a drip in the dollar.
 

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

 

Plan A : Consider short if gold price falls back below 1714.2. Targets are 1683 and 1676.
 
Plan B : Remain buy as long as market trades firmly above 1714.2. Targets are 1726 and 1752.
 
 
 

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.

 

Share this

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
 
 

10414 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KSMT 9.910.00 
 HIPS 14.890.00 
 HONE 13.830.00 
 ENZL 64.0910.00 
 KOD 115.710.00 
 UPRO 104.100.00 
 COLD 39.680.00 
 ALYA 2.230.00 
 CIGI 103.150.00 
 AXNX 59.860.00