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Musk: The recent expanded partnership with AnthropicAI demonstrates that SpaceX is providing AI computing services at scale.Nvidia CEO Jensen Huang: Vera CPU sales were not included in the $1 trillion revenue forecast for Blackwell and Rubin chips, and Vera will be the largest source of sales contribution outside of the $1 trillion forecast.① Iran 1. Iranian President: Energy production and supply have not been interrupted during the war. 2. Iranian Parliament denies that Ghalibaf resigned as head of the negotiating delegation. 3. Iranian Revolutionary Guard: If another attack is launched against Iran, the war will expand beyond the region. 4. Iranian Foreign Minister Araqchi prepares to travel to the United States to attend a UN meeting. 5. Iranian Revolutionary Guard: The army is on high alert; we treat the ceasefire period as wartime and have used this opportunity to strengthen our combat capabilities. ② United States 1. US military refueling aircraft spotted at an Israeli airport. 2. Trump: Netanyahu will act as I ask. I am not in a hurry about the Iran issue. 3. US Treasury Secretary Bessenter: Discussed the Iran issue with the Qatari Finance Minister in Paris. 4. US Military: US Marines boarded a commercial oil tanker flying the Iranian flag on Wednesday. ③ Israel 1. Israeli media: Trump and Netanyahu spoke by phone last night; the call was described as "long and tense." 2. Israeli Military: We attacked Hezbollah weapons production facilities in the Tour region of southern Lebanon on Monday. ④ Strait of Hormuz 1. Iran proposes cooperation with Oman to build a long-term security mechanism for the Strait of Hormuz. 2. US Central Command: As of May 20, US forces have redirected 90 ships. 3. South Korea coordinated with the Iranian Islamic Revolutionary Guard Corps on Wednesday regarding passage through the strait. 4. Iranian Revolutionary Guard Corps: The situation in the Strait of Hormuz cannot return to its previous state. The only way out for the enemy is to respect the Iranian nation and abide by Irans legitimate rights. 5. Commander of the Iranian Revolutionary Guard Corps Navy: In the past 24 hours, 26 ships have passed through the strait under the coordination and security of the navy. 6. Iran stated that at the entrance to the Strait of Hormuz, illegal and covert oil tankers have been identified and punished. 7. Iran released a video showing a drone targeting an oil tanker that passed through the Strait of Hormuz without prior coordination from Iranian authorities. 8. Iranian Foreign Ministry: The passage of the United States and Israel through the Strait of Hormuz cannot be allowed, as it would affect our national security. ⑤ Ceasefire Negotiations 1. Iran and the United States are reportedly to hold a new round of negotiations after the Hajj season ends. 2. Iran says it will continue negotiations despite "strong distrust of the United States." 3. Iranian Foreign Ministry: Pakistani Interior Minister visits Iran to facilitate information exchange. 4. Trump: US-Iran negotiations have entered the final stage. A more severe strike against Iran is possible, but an agreement will be observed first. 5. Sources: The US is showing limited flexibility but will not compromise on nuclear demands and the Strait of Hormuz. 6. Iranian Foreign Ministry: The US must demonstrate goodwill and end "piracy" against Iranian vessels. Iran demands an end to all conflicts and the release of Iranian assets. 7. Iran is reviewing the latest US proposal and has not yet responded. 8. Pakistani Interior Minister appears in Tehran on Wednesday and meets with the commander of the Iranian Revolutionary Guard, the Iranian president, and the Iranian Interior Minister. Nvidia CEO Jensen Huang: The $20 billion estimate for Vera CPUs is for standalone CPU sales, excluding sales bundled with Rubin chips.SpaceX: Will allow shares to be released early in stages before the 180-day lock-up period expires, with the stages linked to company profits, stock price and timeframes.

E-mini NASDAQ-100: Trying to Form Bullish Reversal Bottom

Cameron Murphy

Apr 26, 2022 10:49


微信截图_20220426095439.png


Monday's mid-session E-mini NASDAQ-100 Index futures are down, although seeking to recoup some of their early losses. Fears about China's COVID-19 breakouts frightened investors already anxious about quicker U.S. interest rate rises denting economic growth, so the tech-weighted index prolonged its steep selloff from last week.


June E-mini NASDAQ-100 Index futures are trading at 13384.50, up 31.00 or 0.23 percent, at 17:20 GMT. This is an increase from the previous low of 13184.00. The Invesco QQQ Trust ETF (QQQ) is up $0.75, or 0.23 percent, to $326.15.


Investors were particularly nervous at the outset of a week that would see megacap firms such as Google parent Alphabet Inc, Microsoft Corp, Amazon.com Inc, and Apple Inc report quarterly results.


In mergers and acquisitions news, Twitter Inc jumped 3.9 percent after Reuters reported that it was prepared to accept Tesla Inc CEO Elon Musk's 'best and last' cash offer of $54.20 per share.

Technical Analysis of the Daily Swing Chart

According to the daily swing chart, the major trend is down. The continuation of the decline will be signaled by a trade through the intraday low of 13184.00. The major trend will turn to up if the price breaks over 14298.00.


12942.50 to 15268.75 is the short-term range. The market is now trading on the weak side of its retracement zone, which is resistance from 13831.25 to 14105.75.

Technical Forecast for the Daily Swing Chart

Trader response to 13353.50 will influence the direction of the June E-mini NASDAQ-100 Index entering Monday's closing.

Scenario that is bearish

The presence of sellers will be shown by a persistent rise below 13353.50. It will be a sign of weakness if the intraday low of 13184.00 is broken. Look for the selling to continue towards the March 15 major low around 12942.50 if this move develops adequate negative momentum.

Possibilities for Growth

The presence of buyers will be signaled by a persistent advance over 13353.50. Look for a late-session push towards the short-term retracement zone of 13831.25 – 14105.75 if this move creates enough upward momentum.

Notes on the Side

A daily closing price reversal bottom will be formed if the price closes above 13353.50. If this is verified, a minimum 2- to 3-day corrective rally might begin.

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