Highlights

Where Futures Lies

Author: Futurescoin   |   Latest post: Wed, 24 Nov 2021, 12:28 AM

 

Daily Futures Trading Strategy 3 November 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

 
Wall Street's main indexes rose on Tuesday to record highs as a strong earnings season continued to lift sentiment for equities, while investors were looking ahead to the outcome of a critical Federal Reserve meeting.
 

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

Plan A : Remain buy as long as market supported firmly above 35677. Targets are 35922 and 36028.
 
Plan B : Consider short if market surges but fails to breach above 36028. Targets are 35890 and 35677.
 


E-Mini S&P 500

The S&P 500 rose to a record high on Tuesday — ahead of a key Federal Reserve decision — as strong corporate earnings gave investors confidence in a year-end rally.

The S&P 500 added 0.3% to 4,630.65, closing at an all-time high. 

As of Tuesday at the close, according to FactSet, 83% of S&P 500 companies that have reported earnings have topped analysts' earnings expectations. 

The series of record highs comes as investors continue to bet on a year-end rally despite supply chain issues, Covid risk and a Federal Reserve that’s about to indicate it’s going to pull back on some stimulus. The Fed’s two-day meeting begins Tuesday.

The October jobs report is on Friday.

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

Plan A : Long if market supported firm above 4624. Targets are 4635, 4646 and 4657.
 
Plan B : Short if market failed to support above 4624. Targets are 4607, 4595 and 4573.

 

E-Mini Nasdaq

U.S. stock futures were muted in early morning trading on Wednesday as investors awaited a decision from the Federal Reserve on its tapering schedule.

The tech-focused Nasdaq Composite gained 0.3% to 15,649.60. 

Investors are focused on the Federal Reserve, which is expected to announce an end to its bond-buying program on Wednesday at the conclusion of its two-day meeting. They’ll also be listening for clues on when the central bank plans to raise interest rates.

Those highs are making a potential year-end rally more conceivable to investors.

Weekly mortgage applications and ADP payrolls data are also scheduled to be released.

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

Plan A : Long if market supported firm above 15950. Targets are 15988, 16011 and 16045.
 
Plan B : Short if market failed to support above 15950. Targets are 15908, 15867 and 15825.
 
 
 
HSI
 
Hong Kong's main Hang Seng Index closed lower on Tuesday, giving up early tech-fueled gains and weighed down by financial and real estate firms, while global investors awaited the U.S. Federal Reserve policy decision on Wednesday.
 

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

 

Plan A : Remain sell as long as market stays below 25180. Targets are 24977 and 24839.

Plan B : Consider long only if market trades firmly above 24839 and rebound. Targets are 24977 and 25080.

 
 
WTI Crude
 
Oil dropped below $85 a barrel on Tuesday, but remained close to a three-hear high in choppy trade ahead of weekly U.S. supply reported expected to show a rise in crude inventories as traders also looked toward Thursday's OPEC+ meeting.
 

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

 

Plan A : Attempt short if oil price trades below 83.3. Targets are 82.4 and 81.4.

Plan B : Consider long if oil price trades firmly above 82.6 and rebound. Targets are 83.3 and 84.4.

 
 
Gold
 
Gold prices fell on Tuesday as the U.S. dollar and equities gained ahead of a much-awaited U.S. Federal Reserve meeting that could provide a timeline on interest rate hikes amid rising inflationary pressures.
 

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

 

Plan A : Attempt long if gold price trades firmly above 1781.8. Targets are 1791 and 1800.5.

 
Plan B : Consider short if gold price trades below 1791. Targets are 1786.7 and 1781.8.
 
 
 

 

 

 

 
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
 
 

3923  6050  952  775 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SQQQ 6.46+0.34 
 SPY 458.97-10.47 
 BFRI 7.90+2.68 
 UVXY 21.18+5.77 
 AAL 17.75-1.71 
 VXX 26.16+5.61 
 CCL 17.95-2.21 
 XLF 38.77-1.33 
 AAPL 156.81-5.13 
 TLGT 0.174-0.028