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Conflict Status 1. The Iranian Revolutionary Guard claims to have struck a US aircraft carrier and destroyer. 2. Israeli attacks in southern Lebanon have resulted in multiple casualties. 3. Clashes between Yemeni government forces and Houthi rebels have left at least 117 people dead. Strait of Hormuz 1. The Iranian Revolutionary Guard released video footage of its actions against vessels violating regulations, claiming that the US escort was a complete lie. 2. Iran says it will declare the Strait of Hormuz a "no-go zone" in the coming days. 3. Secretary of Irans Supreme National Security Council: The navigational route map for the Strait of Hormuz agreed upon with Oman will be signed in the coming days. 4. Secretary of Irans Supreme National Security Council: Iran will only commit to keeping the Strait of Hormuz open if the US ceases its threats or attacks. 5. UK Maritime Trade Operations Office: 59 vessels passed through the Strait of Hormuz in the past 48 hours. Other Matters 1. Iranian military: Has demonstrated a new mode of resistance and will not surrender to the US. 2. Lebanese President: Israels attacks have exceeded the scope of the ceasefire agreement and the framework agreement for national institutions. 3. Iranian Parliament Speaker: Any future actions targeting Iranian interests and security will be met with a "faster, fiercer, and more painful" response. 4. The UAE, Saudi Arabia, Qatar, and eight other countries issued a joint statement condemning Israels statements regarding the expulsion of Palestinians from the Gaza Strip. 5. Iranian Foreign Ministry: The US waged war but made the whole world pay the price. 6. Iran will raise gasoline prices for heavy users.September 7th - Iranian Foreign Ministry Spokesperson Baghae stated: "The Strait of Hormuz was completely unobstructed until February 28th, when the US and Israel invaded Iran. Washington launched an illegal and barbaric war, disrupting normal commercial shipping; oil tankers stopped sailing, trade was interrupted, and energy prices soared. The US started the war, yet expects the whole world to pay for it, while portraying Iran as the instigator of this chaos. This is utterly absurd."September 7th - According to the Financial Times, citing multiple Western defense and intelligence officials, Europe has failed to effectively deter Russias "hybrid warfare" against the continent and must quickly develop new methods to curb Moscows actions against NATO member states, or risk escalating conflict with the Kremlin. Western officials stated that last months thwarted drone strike on Leipzig/Halle airport, carrying military-grade explosives, highlighted Russias brazenness in its aggressive practices against NATO and the ineffectiveness of existing deterrents. They added that a collective action from European countries is needed to address the issue. A senior Western defense official stated, "It is clear that we are doing far too little to deter provocations that do not violate NATOs Article 5." They added, "The deterrent force we provide is sufficient to prevent Russia from escalating conventional and nuclear warfare. But we really need to rethink our strategy for dealing with hybrid warfare."Ukrainian President Zelensky: We may prefer certain forms of negotiation, but worse is that there are no forms of negotiation at all. I want to thank U.S. Special Envoy for the Middle East, Witkov, and Trumps son-in-law, Kushner, for their roles in restarting the negotiation process today. It is very important that the U.S. team met with the Russian leaders and then with me today to discuss all possibilities. We held trilateral talks with European representatives, as well as a meeting of national security advisors, and I believe we will do everything we can to resume negotiations.Alternative for Germany (AfD) leader Johann Sebastian Weidel: We need to maintain good relations with Russia, and especially with the United States. We are now seeing the US sending representatives to Moscow to mediate between Moscow and Kyiv. This was a role that Germany could have played.

E-Mini Dow: Expecting Choppy Trade Ahead of Apple Earnings

Cory Russell

Apr 28, 2022 10:28

Following yesterday's sharp sell-off, which was fuelled by fears of an economic slowdown, June E-mini Dow Jones Industrial Average futures are creeping up early Wednesday. Microsoft is assisting in reducing the impact of Tuesday's drop. After the bell, the business released results that topped expectations.


June E-mini Dow Jones Industrial Average futures are up 260 points, or 0.78 percent, at 06:23 GMT. The SPDR Dow Jones Industrial Average ETF (DIA) closed at $332.29 on Tuesday, down $8.27 or 2.43 percent from its previous close.

On Both the Top And Bottom Lines, Microsoft Exceeded Expectations

Microsoft's stock soared as much as 6% in extended trading on Tuesday after the software giant reported fiscal third-quarter profits that above analysts' estimates and provided an upbeat forecast for the current quarter.


The Dow's Components Will Be More Volatile in the Future On Wednesday, Apple and Boeing will release their profits. Investors will also be looking for the latest information on weekly mortgage applications, foreign trade, and pending house sales on the economic front.

Technical Analysis of a Daily Swing Chart

According to the daily swing chart, there is a downward trend. The return of the decline will be indicated by a trade through 33081. The primary trend will shift upwards if 35413 is crossed.


There is a little downward tendency. The minor trend will be reversed if 34038 is crossed. The momentum will change to the upward as a result of this.


32086 to 35413 are the short-term ranges. The E-mini Dow is now trading near resistance from 33357 to 33750, which is the lower end of its retracement zone.

Technical Prediction on Daily Swing Chart

Early Wednesday, market response to 33357 will likely influence the direction of the June E-mini Dow Jones Industrial Average.

Possibility of Growth

The presence of buyers is shown by a persistent advance over 33357. Look for a burst through the short-term 50 percent mark at 33750 if this move is able to produce enough upward momentum. The E-mini Dow will be able to test the minor high at 34038 if it can break through this level.

A Pessimistic Prospect

The existence of sellers will be shown by a persistent advance beneath 33357. This might result in a retest of the 33081 low from yesterday.


The sellers have returned if you take out 33081. This might set the stage for a rapid drop to 32578, the next major low.