WTI Crude, Gold, HSI, Dow, S&P 500 and Nasdaq
E-Mini Dow
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
E-Mini S&P 500
Stock futures tumbled in early Tuesday trading, reversing from a rebound on Wall Street as investors reassessed risks associated with the new omicron Covid variant.
The reversal came after Moderna CEO Stephane Bancel told the Financial Times that he expects existing vaccines to be less effective against the new variant. Bancel told CNBC on Monday that it could take months to develop and ship an omicron specific vaccine.
The overnight action followed a broad-based comeback that saw the S&P 500 jump 1.3% with all 11 sectors registering gains. Major averages rose to session highs on Monday after President Joe Biden said economic lockdowns are currently off the table and there will be no new travel restrictions.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Long if market supported firm above 4611. Targets are 4622, 4633 and 4642.
Stocks bounced on Monday, following Friday’s big sell-off, after President Joe Biden said economic lockdowns in response to the omicron Covid variant are currently off the table.
The tech-focused Nasdaq Composite rose 1.9% to 15,782.83.
The 10-year Treasury yield rebounded back above 1.5% on Monday after a flight to safety Friday sent investors scrambling into bonds and sent rates lower. Prices move inversely to yields.
On top of Covid developments, investors are also anticipating key economic data released this week.
The November jobs report Friday is expected to show solid jobs growth. Economists surveyed by Dow Jones expect 581,000 jobs added in November.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Long if market supported firm above 16250. Targets are 16281, 16312 and 16351.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Remain sell as long as market stays below 23920. Targets are 23720 and 23490.
Plan B : Consider long if market supports above 23490 and rebound. Targets are 23720 and 23920.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Remain buy as long as oil price stays firm above 70.3. Targets are 71.2 and 73.6.
Plan B : Consider short if oil price rebounds but fails to breach above 71.2. Targets are 70.2 and 68.7.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Attempt buy if gold price trades firmly above 1781.8. Targets are 1792 and 1800.5.