$E-mini S&P 500 Futures(MAR5) (ESmain.US)$(4 Hour Chart) -[BULLISH↗ **]We maintain our bullish directional bias as we expect price to continue pushing towards 6055 resistance level. A 4 hour candlestick closing above 6055 resistance would open push towards 6120 resistance level. Technical indicators are advocating for a bullish scenario as well.
Alternatively: A 4 hour candlestick closing below 5970 support level would open push towards 5930 support level.
$USD (USDindex.FX)$(4 Hour Chart) -[BEARISH ↘ *]We turn bearish as price has pushed below 106.125 support-turn-resistance level. We expect price to push towards 105.463 support level. A 4 hour candlestick closing below 105.463 support would open drop towards 104.282 support level. Technical indicators are advocating for a bearish scenario.
Alternatively: A 4 hour candlestick closing above 106.125 support would open push towards 106.990 support level.
$Gold Futures(APR5) (GCmain.US)$(4 Hour Chart) -[BULLISH↗ **]We continue to stay bullish as price is holding above 2650 support level. We expect price to push towards 2720 resistance level. A 4 hour candlestick closing above 2720 resistance would open next push towards 2800 resistance level. Technical indicators are advocating for a bullish scenario.
Alternatively: A 4 hour candlestick closing below 2650 support level would open next drop towards 2620 support level.
NIKKEI 225 / TOPIX IndexFutures
$Nikkei 225 (.N225.JP)$(4 Hour Chart) -[BEARISH ↘ *]We turn bearish as price holds below 38760 resistance level. We expect price to push towards 37660 support level. Technical indicators are displaying a bearish scenario.
Alternatively: A 4 hour candlestick closing above 38760 resistance would open push towards 39200 resistance level.
HSI IndexFutures
$HSI Futures(MAR5) (HSImain.HK)$(4 Hour Chart) -[NEUTRAL]Price continues to fluctuate between 19720 resistance and 19340 support level. We continue to stay neutral as there is no good risk-reward ratio. A 4 hour candlestick closing above 19720 resistance level would open next push towards 19955 resistance level. Technical indicators continue to remain mixed.
Alternatively: A 4 hour candlestick closing below 19340 support wouldopendrop towards 19060 support level.
SG Market - STI
$FTSE Singapore Straits Time Index (.STI.SG)$(4 Hour Chart) -[BULLISH↗ *]We continue to maintain bullish as price continues to hold above 3670 support level. We expect price to continue pushing towards 3770 resistance level. A 4 hour candlestick closing above 3770 resistance would open next push towards 3850 resistance level. Technical indicators are mixed, with MACD advocating for a bullish scenario.
Alternatively: A 4 hour candlestick closing below 3670 support level will open next drop towards 3630 support level.
Summary - What Is Happening In The Markets
US markets were closed for Thanksgiving Holiday. Markets would close early tonight as well.
This report is provided for informational and general circulation purposes only and should not be construed as an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or other investment products. It does not take into consideration any particular needs of any person. This advertisement has not been reviewed by the Monetary Authority of Singapore.
Mr Careful
:
the real capital flight out of china may be materializing soon after disappointment with stimulus and expectations of a devaluation of yuan strengthening.
104556909 : Ok
HalimCafeTrader : nice
103677010 : noted
Ahmad Fiqri :
Mr Careful : the real capital flight out of china may be materializing soon after disappointment with stimulus and expectations of a devaluation of yuan strengthening.