Stocks to Watch
Nike Inc (NKE US) $Nike(NKE.US$
Daily Chart -[BEARISH ↘ **]Nike shaped a bearish wedge breakdown. We prefer to stay bearish for now, expecting price to do a pause below 81.20 resistance before shaping a fresh drop towards 64.00 support. Technical indicators are advocating for a bearish scenario.
Alternatively: A daily candlestick close above 81.20 resistance will open a recovery towards the next resistance at 93.50.
Monde...
Nike Inc (NKE US) $Nike(NKE.US$
Daily Chart -[BEARISH ↘ **]Nike shaped a bearish wedge breakdown. We prefer to stay bearish for now, expecting price to do a pause below 81.20 resistance before shaping a fresh drop towards 64.00 support. Technical indicators are advocating for a bearish scenario.
Alternatively: A daily candlestick close above 81.20 resistance will open a recovery towards the next resistance at 93.50.
Monde...
![Starting the 1st week of July with a more cautious approach](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240701/6d029626b1560af0227d7f5a91f26f75.png/thumb?area=101&is_public=true)
![Starting the 1st week of July with a more cautious approach](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240701/6eba895cffe7aa801f944dcbbcffa57c.png/thumb?area=101&is_public=true)
![Starting the 1st week of July with a more cautious approach](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240701/f7cf8d9d93239892d14579deb6e4c070.png/thumb?area=101&is_public=true)
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Dear Moo-ers,
We know you look forward to our weekly Trader’s Talk session but we’ll be taking a break next week, July 2, as we enter the final phase of preparations for MooFest 2024.
#ICYMI, MooFest 2024 is happening next Saturday, 6 July, 9am - 6pm at Suntec Convention Centre!
Join us at our annual flagship event, where we'll be "Thinking Forward, Mastering the Future". This year's event is set to be our biggest and most exciting yet, with a lineu...
We know you look forward to our weekly Trader’s Talk session but we’ll be taking a break next week, July 2, as we enter the final phase of preparations for MooFest 2024.
#ICYMI, MooFest 2024 is happening next Saturday, 6 July, 9am - 6pm at Suntec Convention Centre!
Join us at our annual flagship event, where we'll be "Thinking Forward, Mastering the Future". This year's event is set to be our biggest and most exciting yet, with a lineu...
![Trader’s Talk is taking a break next week!](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240628/1719567860883-c8f27f7019.png/thumb?area=101&is_public=true)
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US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BULLISH ↗ *]S&P pushed higher and surpassed previous resistance, invalidating previous bearish view. We turn bullish on the short term now, expecting price to do a limited push higher above 5542.00 support towards 5590.00 resistance. Technical indicators are turning bullish now.
Alternatively: A 4 hour candlestick close below 5542.00 su...
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BULLISH ↗ *]S&P pushed higher and surpassed previous resistance, invalidating previous bearish view. We turn bullish on the short term now, expecting price to do a limited push higher above 5542.00 support towards 5590.00 resistance. Technical indicators are turning bullish now.
Alternatively: A 4 hour candlestick close below 5542.00 su...
![Core PCE data tonight with mixed sentiments across markets.](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240628/2ab5d63c892f6dc9dad5a302c94785b7.png/thumb?area=101&is_public=true)
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US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BEARISH ↘ *]S&P is holding below near-term descending trendline resistance, in line with 5550 resistance. As long as price holds below this resistance, we stay bearish, expecting price to do a deeper drop towards 5490.00 support. MACD indicator is flat around the 0 level, showing no directional momentum.
Alternatively: A 4 hour cand...
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BEARISH ↘ *]S&P is holding below near-term descending trendline resistance, in line with 5550 resistance. As long as price holds below this resistance, we stay bearish, expecting price to do a deeper drop towards 5490.00 support. MACD indicator is flat around the 0 level, showing no directional momentum.
Alternatively: A 4 hour cand...
![Risk-off sentiment going into tonight's GDP and Employment data](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240627/b1e56e82b826abe73cd9cc54b5d4cd31.png/thumb?area=101&is_public=true)
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Stocks to Watch
Microsoft Corp (MSFT US) $Microsoft(MSFT.US$
Daily Chart -[BULLISH ↗ **]MSFT has shaped a new all time high with strong bullish momentum. Price is expected to pause and hold above 430.15 support level before shaping a further bounce higher towards 484.00 resistance. Technical indicators are advocating for a bullish scenario as well.Alternatively: A daily candlestick close below 430.15 support will open a deeper pullback towards ...
Microsoft Corp (MSFT US) $Microsoft(MSFT.US$
Daily Chart -[BULLISH ↗ **]MSFT has shaped a new all time high with strong bullish momentum. Price is expected to pause and hold above 430.15 support level before shaping a further bounce higher towards 484.00 resistance. Technical indicators are advocating for a bullish scenario as well.Alternatively: A daily candlestick close below 430.15 support will open a deeper pullback towards ...
![Stocks we like this week - In particular... SINGTEL](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240624/facd7693b5dfbc635f5d1d6f59569f48.png/thumb?area=101&is_public=true)
![Stocks we like this week - In particular... SINGTEL](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240624/676121d4b6d0297d4883826a51624a78.png/thumb?area=101&is_public=true)
![Stocks we like this week - In particular... SINGTEL](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240624/c09c815abd990c2a398dbf59eca5ee4a.png/thumb?area=101&is_public=true)
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US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BULLISH ↗ *]S&P pulled back lower towards 5540.00 support. We maintain our bullish view with low conviction for a intraday bounce scenario towards 5600.00 resistance. Technical indicators still remain bullish for now.
Alternatively: A 4 hour candlestick close below 5540.00 support will open a deeper pullback towards next support at 5507.00.
$USD(USDindex.FX$ (4 Hour C...
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BULLISH ↗ *]S&P pulled back lower towards 5540.00 support. We maintain our bullish view with low conviction for a intraday bounce scenario towards 5600.00 resistance. Technical indicators still remain bullish for now.
Alternatively: A 4 hour candlestick close below 5540.00 support will open a deeper pullback towards next support at 5507.00.
$USD(USDindex.FX$ (4 Hour C...
![Beware the witches! It's 'Triple Witching' day today](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240621/dc00de524c212858c46891f1dccf7417.png/thumb?area=101&is_public=true)
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US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BULLISH ↗ *]S&P futures drifted higher. We turn bullish with low conviction for now as there are no levels for a good risk to reward play. As long as price is holding above short term support of 5540.00, a bounce towards 5600.00 resistance is expected. Technical indicators stay bullish for now.
Alternatively: A 4 hour candlestick close below 5540.0...
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[BULLISH ↗ *]S&P futures drifted higher. We turn bullish with low conviction for now as there are no levels for a good risk to reward play. As long as price is holding above short term support of 5540.00, a bounce towards 5600.00 resistance is expected. Technical indicators stay bullish for now.
Alternatively: A 4 hour candlestick close below 5540.0...
![Gold looks primed for further upside potential](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240620/40a6e05243b72b9ef1587f15a88679e0.png/thumb?area=101&is_public=true)
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US Market Key Charts (S&P, US Dollar, Gold)
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[NEUTRAL]As expected, S&P futures pushed higher and reached previous target. We decide to turn neutral for now as US markets are closed for a holiday and trading volume is expected to be thin. Price is expected to hold between 5590.00 resistance and 5515.00 support level.
Alternatively: A 4 hour candlestick close below 5515.00 support wil...
$E-mini S&P 500 Futures(SEP4)(ESmain.US$ (4 Hour Chart) -[NEUTRAL]As expected, S&P futures pushed higher and reached previous target. We decide to turn neutral for now as US markets are closed for a holiday and trading volume is expected to be thin. Price is expected to hold between 5590.00 resistance and 5515.00 support level.
Alternatively: A 4 hour candlestick close below 5515.00 support wil...
![A quiet trading session today as US markets take a break.](https://sgsnsimg.moomoo.com/sns_client_feed/103513015/20240619/d6816d9827faa0d0311366d6c6149504.png/thumb?area=101&is_public=true)
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We’re back next Tuesday, 18 June at 11am!
Apple’s share price soared to an all-time high on Thursday, as investors reacted postively to the tech giant’s long-awaited announcement of its generative artificial intelligence plans.
This comes closely on the back of the Nvidia’s meteoric rise this year, buoyed by optimism after CEO Jensen Huang outlined details of a new line of chips and processors that could further cement its grip on the global AI market.What’s next for these tech giants? Well, we...
Apple’s share price soared to an all-time high on Thursday, as investors reacted postively to the tech giant’s long-awaited announcement of its generative artificial intelligence plans.
This comes closely on the back of the Nvidia’s meteoric rise this year, buoyed by optimism after CEO Jensen Huang outlined details of a new line of chips and processors that could further cement its grip on the global AI market.What’s next for these tech giants? Well, we...
![](https://sgliveimg.moomoo.com/live_client/103513015/20240614/413251c32a34015ec882668f14e541df.jpg/thumb?area=101&is_public=true)
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Trader’s EdgeOP soyabean89: The bearish momentum on the Weekly chart and the Daily chart does look very strong.. - Isaac