EUR/USD 1.16641
0.129%
Gold 4545.41
1.107%
Oil 87.088
-0.662%
USD/JPY 159.256
0.013%
GBP/USD 1.34670
0.173%
GBP/JPY 214.475
0.198%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 31st, the Shenzhen Municipal Transportation Bureau released its April report on the operation and risks of the ride-hailing industry in Shenzhen. As of April 30, 2026, there were 26 ride-hailing platforms in Shenzhen, with 142,247 "Online Ride-Hailing Vehicle Transport Permits" and 394,872 "Shenzhen Taxi Driver Permits" issued. Data from various platforms shows that the average daily number of ride-hailing orders completed per vehicle in the city this month was approximately 13.01. The demand in Shenzhens ride-hailing market exhibits seasonal fluctuations, and the current market is generally saturated. Enterprises and individuals intending to engage in ride-hailing operations are strongly advised to fully understand relevant laws and regulations, conduct in-depth market research, objectively assess operating returns, and make rational and prudent investment and career decisions.On May 31, local time, US President Trump stated in an interview broadcast on Fox News on May 30 that the US and Iran were close to reaching a "very good deal." Trump also stated in the interview that they would get a "better deal," which should have been faster. However, Trump indicated that if a deal could not be reached, he would request the intervention of the "War Department" (i.e., the US Department of Defense). Trump stated that if he did not get what he wanted, "we will end it another way." Trump also stated that by signing an agreement, they could ensure navigation in the Strait of Hormuz, ensure Irans lack of nuclear weapons, and so on. When discussing the agreement with Iran, Trump emphasized that he was not in a hurry. "If youre in a hurry, you cant get a good deal."May 31 - According to Lighthouse Pro, as of May 31, the film "Love Letter to Grandma," produced by Damai Entertainment, has grossed 1.36572 billion yuan (including pre-sales), entering the top three of the 2026 box office chart.May 31 - According to the Japan Meteorological Agency, a magnitude 3.9 earthquake struck southern Amami, Kagoshima Prefecture, at approximately 10:58 a.m. on May 31. The maximum intensity was felt as 3, and the focal depth was 50 kilometers. There was no risk of a tsunami.May 31 – According to US sources on May 30, after the US Supreme Court ruled that the Trump administration had no right to impose higher tariffs on almost all trading partners, US companies have begun receiving tariff refunds. However, this process may be hampered by the Trump administrations planned appeal. The report states that the Trump administration indicated on May 29 that it plans to appeal a federal judges ruling. This ruling allows all importers who paid tariffs deemed invalid to apply for refunds, not just those who have filed lawsuits.

E-mini NASD-100: Sellers Targeting March Bottom at 12942.50

Cameron Murphy

Apr 24, 2022 10:08


微信截图_20220424095226.png


The June E-mini NASDAQ-100 Index futures are down significantly just before the close on Friday, putting the tech-heavy index on track for its third week of losses. On heightened clarity regarding aggressive near-term interest rate rises and general worries ahead of Big Tech reports next week, sellers pounded technology equities.


June E-mini NASDAQ-100 Index futures were trading at 13442.00 at 17:55 GMT, down 286.25 or -2.09 percent. The Invesco QQQ Trust ETF (QQQ) is now trading at 325.41, down 8.74 percent.

Tech Stocks Have a Difficult Future Prior to the Release of Major Earnings Reports

The NASDAQ Composite has had a bumpy start to the year due to the possibility of a more hawkish Fed. The tendency is particularly obvious in tech and growth stocks, which are more exposed to increasing bond rates in terms of valuation. In the year 2022, the NASDAQ is down 17.9%.


The four largest U.S. corporations by market value, Apple, Microsoft, Amazon, and Google parent Alphabet, will report earnings next week.

Technical Analysis of the Daily Swing Chart

According to the daily swing chart, the major trend is down. The primary trend will be changed to down if a deal is made through 14298.00. The downtrend would be reaffirmed if the price breaks through the intraday low of 13435.75.


12942.50 to 15268.75 is the short-term range. The index is now trading at resistance from 13831.25 to 14105.75, which is the lower end of its retracement zone.

Technical Forecast for the Daily Swing Chart

Trader response to 13728.25 will influence the direction of the June E-mini NASDAQ-100 Index entering Friday's closing.

Scenario that is bearish

The presence of sellers will be shown by a persistent move below 13728.25. If the intraday low of 13435.75 is broken, it means the selling pressure is increasing. Look for a downward acceleration if this builds enough downside momentum, with 12942.50 being the next big negative target.

Possibilities for Growth

The return of buyers will be signaled by the crossing of 13728.25. This might provide enough rising momentum to test the 13831.25 to 14105.75 short-term retracement zone. This is the last possible barrier level before the big peak at 14298.00.

Suggestion