Highlights

Where Futures Lies

Author: Futurescoin   |   Latest post: Wed, 21 Apr 2021, 5:04 AM

 

Daily Futures Trading Strategy 6 April 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

 
U.S. stocks rallied on Monday with the Dow and S&P 500 closing at record levels, as a round of strong economic data buoyed investor optimism for the economic reopening and a muted climb in the 10-year U.S. Treasury yield kept inflation worries in check.
 

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

Plan A : Remain buy as long as market trades firmly above 33252. Targets are 33559 and 33939. 
 
Plan B : Consider short if market surges but fails to breach above 33559. Targets are 33406 and 33252.
 
 
 
E-Mini S&P 500
 

U.S. stocks rallied on Monday with the Dow and S&P 500 closing at record levels, as a round of strong economic data buoyed investor optimism for the economic reopening and a muted climb in the 10-year U.S. Treasury yield kept inflation worries in check.

The S&P 500 and Dow are kicking off the week in record territory. The S&P 500 gained 1.4% to close at 4,077.91, while the Dow jumped 373.98 points to 33,527.19, both all-time highs. 

An ISM survey for March showed a measure of U.S. services industry activity jumped to a record high. The data followed Friday's report showing U.S. non-farm payrolls surged by 916,000 jobs in March, trouncing forecasts.

Investors have bet on cyclical sectors poised to lead an economic reopening, with energy, financials and materials among the best performing on the year. A climbing yield on the 10-year U.S. Treasury note has dented appetite for technology stocks.

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

Plan A : Long if market supported firm above 4056. Targets are 4072, 4087 and 4105.

Plan B : Short if market failed to support above 4056. Targets are 4030, 4012 and 3979.

 
 
E-Mini Nasdaq
 

Stock futures held steady in overnight trading Monday after the Dow Jones Industrial Average and the S&P 500 both closed at record highs with strong economic data boosting hope for a smooth recovery.

The benchmark tech-heavy Nasdaq also raced higher, up 1.7% to 13,705.59.

Bond yields had another quiet session with the 10-year Treasury yield held steady at 1.71%, easing fears of rising inflation.

Investors continue to assess President Joe Biden’s $2 trillion infrastructure proposal and its chance to become reality. While politicians on both sides of the aisle support funding to rebuild American roads and bridges, disagreements over other priorities and the ultimate size of the bill remain. There’s also debate over Biden’s plan to raise the corporate tax to 28% in part to fund the plan.

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

Plan A : Long if market supported firm above 13518. Targets are 13547, 13579 and 13611.

Plan B : Short if market failed to support above 13518. Targets are 13480, 13439 and 13396.

 
 
HSI
 
Hong Kong stocks started the month a firm note on Thursday, led by tech players tracking overnight gains on Wall Street, as investors cheered the government spending plan in the United States and hoped for strong jobs data.
 

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

Plan A : Remain buy as long as market trades firmly above 28770. Targets are 29017 and 29249.

 
Plan B : Consider short only if market surges but fails to breach above 29249. Targets are 29017 and 28920.
 
 
 
WTI Crude
 
Oil fell more than 4% on Monday as rising supply from OPEC+ and higher Iranian output countered signs of a strong economic rebound in the United States.
 

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

 

Plan A : Remain short as long as oil price stays below 59.8. Targets are 58.8 and 57.6.

Plan B : Consider long only if oil price able to trade firmly above 58.8 and rebound. Targets are 59.8 and 60.2.

 
 
 
Gold
 
Gold prices eased on Monday as hopes for a swift economic recovery following strong U.S. jobs and services sector data bolstered gains on Wall Street, although a softer dollar limited the precious metal's decline.
 

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

Plan A : Remain buy as long as gold price trades firmly above 1714.2. Targets are 1729 and 1752.4.

Plan B : Consider short if gold price surges but fails to breach above 1739. Targets are 1714.2 and 1676.

 
 

 

 
 
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
 
 

10425 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KSMT 9.890.00 
 HIPS 14.780.00 
 HONE 14.370.00 
 ENZL 63.690.00 
 KOD 113.730.00 
 UPRO 101.380.00 
 COLD 39.110.00 
 ALYA 2.120.00 
 CIGI 101.640.00 
 AXNX 58.620.00