• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 13th, the U.S. National Highway Traffic Safety Administration (NHTSA) announced that Volvo Cars will recall 1,355 2026 model year XC90 MHEV, XC60 MHEV, V90CC MHEV, and V60CC MHEV vehicles. The recall is due to a possible damage to the torsion bar in the front seatbelt retractors during production. Dealers will replace both front seatbelt retractors free of charge.On September 13, Zhijie Automobile officially announced that the first batch of deliveries of the new Zhijie R7 and Zhijie S7 officially started at the Zhijie Super Factory.On September 13, Robert Kaplan, vice president of Goldman Sachs Group, said that investors are beginning to question whether they have invested too much money in the United States, and more and more financial institutions are looking to Europe and Asia for growth opportunities. Kaplan said on Friday that some investors are considering whether they should start hedging the US dollar to protect against exchange rate fluctuations. "What has happened since January is that people are still optimistic about the United States, but they are starting to say: I think our allocation to the United States is too high." Kaplan said. "We are having hedging conversations with people around the world, and some of them have never hedged the US dollar in the past 15 years." Kaplan pointed out that although investors still regard the United States as a safe haven for funds, "they have a little more confusion about the US institutional framework."Russian Ministry of Defense: Air defense systems shot down 42 Ukrainian drones in the early hours of Saturday morning.1. The three major U.S. stock indices closed mixed, with the Dow Jones Industrial Average down 0.59%, the S&P 500 down 0.05%, and the Nasdaq up 0.44%, hitting new all-time highs. Merck and Sherwin-Williams fell over 2%, leading the Dow lower. The Wind S7 Index rose 1.14%, with Tesla up over 7% and Apple up over 1%. Chinese concept stocks saw mixed results, with JinkoSolar up over 6% and Douyu down over 4%. 2. U.S. Treasury yields rose across the board, with the 2-year Treasury yield up 0.99 basis points to 3.549%, the 3-year Treasury yield up 1.94 basis points to 3.527%, the 5-year Treasury yield up 3.81 basis points to 3.633%, the 10-year Treasury yield up 4.57 basis points to 4.070%, and the 30-year Treasury yield up 2.69 basis points to 4.681%. 3. International precious metal futures generally closed higher. COMEX gold futures rose 0.19% to $3,680.70 per ounce, a weekly gain of 0.75%. COMEX silver futures rose 1.26% to $42.68 per ounce, a weekly gain of 2.71%. 4. International oil prices rose slightly. The main contract for US crude oil closed up 0.37% at $62.60 per barrel, a weekly gain of 1.18%. The main contract for Brent crude oil rose 0.77% to $66.88 per barrel, a weekly gain of 2.11%. 5. London base metals rose across the board, with LME zinc futures up 1.93% at $2,956.00/ton, up 3.32% for the week; LME nickel futures up 1.52% at $15,380.00/ton, up 0.95% for the week; LME lead futures up 1.13% at $2,019.00/ton, up 1.71% for the week; LME aluminum futures up 1.03% at $2,701.00/ton, up 3.86% for the week; LME tin futures up 0.74% at $34,955.00/ton, up 1.87% for the week; and LME copper futures up 0.13% at $10,064.50/ton, up 1.69% for the week.

E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Change in Minor Trend Puts 12523.25 on Radar

Skylar Shaw

May 27, 2022 10:37

微信截图_20220527102407.png


Shortly after the cash market closed on Thursday, June E-mini NASDAQ 100 Index futures were trading higher, putting the tech-heavy index on course to end a lengthy run of weekly losses.


The contract for futures is now on a seven-week losing run. The NASDAQ Composite rose roughly 2.7 percent to 11,740.65, boosted by a rise in Dollar Tree stock.


June E-mini NASDAQ-100 Index futures were trading at 12254.75 at 20:23 GMT, up 312.50 or +2.62 percent. The Invesco QQQ Trust ETF (QQQ) finished up $8.02, or 2.75 percent, at $299.28.


Dollar Tree, a bargain retailer, soared 21.9 percent after reporting a profit beat, helping to propel the NASDAQ higher.


In addition, Twitter's stock soared 6.3 percent when it was revealed that the social media business is suing billionaire Elon Musk for failing to disclose his ownership in the company. In other developments, Elon Musk boosted his investment in the company's acquisition attempt to $33.5 billion, signaling a new level of seriousness and greater likelihood that the transaction would be completed, according to experts.

Technical Analysis of the Daily Swing Chart

According to the c, the major trend is down. The momentum, on the other hand, is increasing. The major trend will turn to up if a transaction is made through 12594.00. The return of the decline will be signaled by a move through 11491.25.


The small upward trend is continuing. On Thursday, buyers wiped out the minor top at 12096.75, and the trend shifted to the upside. This turned the market's momentum to the positive. The minor trend will be changed to down if a transaction is made through 11576.25.


12594.00 to 11491.25 is the minor range. At 12042.50, the index is trading on the strong side of its pivot, indicating support.


The long-term 50% level at 11671.25 provides significant support. The long-term Fibonacci level of 10468.25 comes next.


On the upside, a 50 percent level at 12523.25 is the next barrier, followed by a retracement zone from 12894.75 to 13226.00.