dow -0.68%
nasdaq +0.23%
oil price up
today US fomc meeting
today is bearish bias
Monday, 24 September 2018
Trade Plan 25/9/2018
s&p -0.35%
dow -0.68%
nasdaq +0.23%
oil price up
today US fomc meeting
today is bearish bias
dow -0.68%
nasdaq +0.23%
oil price up
today US fomc meeting
today is bearish bias
Sunday, 23 September 2018
Trade Plan 24/9/18
dow +0.32%
s&p -0.04%
nasdaq - 0.5%
this week economic events:
mon - draghi speaks
tues - us consumer confidence
wed - us fomc
thurs - us gdp
fri - nil
this week may be flatish
max hsi go up is probably 1% = about 300 points
down probably 300 points also today
so bullish target is: 28,000
bearish target is: 27,678
max hsi go up is probably 1% = about 300 points
down probably 300 points also today
so bullish target is: 28,000
bearish target is: 27,678
Thursday, 20 September 2018
Wednesday, 19 September 2018
Trade Plan 20/9/18
dow +0.61%
s&p +0.13%
nasdaq -0.05%
no important economic announcements today
no major news today
micron earnings today
hsi trade plan:
- if bullish, target is 27,600, then 27,700 = gain of 300 points
- if bearish, target is 27,300, then 27,200 = loss of 200 points
- if range then levels to note are 27,600, 27,450 and 27,300
bias is to the bullish side because us is up, but 30min chart price is at upper trend line resistance, so most likely will come down first before going up
not expecting extreme market conditions today, so don't expect prices to deviate too much from 50 ema
s&p +0.13%
nasdaq -0.05%
no important economic announcements today
no major news today
micron earnings today
hsi trade plan:
- if bullish, target is 27,600, then 27,700 = gain of 300 points
- if bearish, target is 27,300, then 27,200 = loss of 200 points
- if range then levels to note are 27,600, 27,450 and 27,300
bias is to the bullish side because us is up, but 30min chart price is at upper trend line resistance, so most likely will come down first before going up
not expecting extreme market conditions today, so don't expect prices to deviate too much from 50 ema
Tuesday, 18 September 2018
Trade Plan 19/9/2018
dow up 0.71%
s&p up 0.54%
nasdaq up 0.8%
no important economic figure released today
https://www.reuters.com/article/us-usa-trade-china-response/china-hits-back-by-levying-tariffs-on-60-billion-of-u-s-goods-idUSKCN1LY22V
China to penalize $60 billion of U.S. imports in tit-for-tat move
Trump to impose tariff on $267 billion of additional imports if china retaliate
not sure how HSI will react today
it will probably go range bound, with the highest target being 27500 due to the bullishness of the us market
s&p up 0.54%
nasdaq up 0.8%
no important economic figure released today
https://www.reuters.com/article/us-usa-trade-china-response/china-hits-back-by-levying-tariffs-on-60-billion-of-u-s-goods-idUSKCN1LY22V
China to penalize $60 billion of U.S. imports in tit-for-tat move
Trump to impose tariff on $267 billion of additional imports if china retaliate
not sure how HSI will react today
it will probably go range bound, with the highest target being 27500 due to the bullishness of the us market
target? when bullish or bearish? max levels?
key levels? - when bullish or bearish?
doubt prices to stay far from 50 ema for long today
Monday, 17 September 2018
Trade Plan 18/9/18
no major economic figures to be released this week
s&p 500 down 0.56%
dow down 0.35%
nasdaq down 1.47%
https://www.cnbc.com/2018/09/17/trump-puts-new-tariffs-on-china-as-trade-war-escalates.html
additional tariffs on roughly $200 billion of imports from China. The tariffs will take effect on September 24, 2018, and be set at a level of 10 percent until the end of the year. On January 1, the tariffs will rise to 25 percent. Further, if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.
no big earnings to be released
HSI might test low of 26,250 today
if trump's news isn't good, it is most likely headed for 26,000
s&p 500 down 0.56%
dow down 0.35%
nasdaq down 1.47%
https://www.cnbc.com/2018/09/17/trump-puts-new-tariffs-on-china-as-trade-war-escalates.html
additional tariffs on roughly $200 billion of imports from China. The tariffs will take effect on September 24, 2018, and be set at a level of 10 percent until the end of the year. On January 1, the tariffs will rise to 25 percent. Further, if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.
no big earnings to be released
HSI might test low of 26,250 today
if trump's news isn't good, it is most likely headed for 26,000
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