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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6606.48
6606.48
6606.48
6636.73
6557.81
-18.22
-0.28%
--
DJI
Dow Jones Industrial Average
46021.42
46021.42
46021.42
46247.22
45733.70
-203.72
-0.44%
--
IXIC
NASDAQ Composite Index
22090.68
22090.68
22090.68
22187.06
21851.05
-61.73
-0.28%
--
USDX
US Dollar Index
99.200
99.200
99.280
99.200
99.020
+0.130
+ 0.13%
--
EURUSD
Euro / US Dollar
1.15567
1.15567
1.15575
1.15945
1.15560
-0.00317
-0.27%
--
GBPUSD
Pound Sterling / US Dollar
1.34034
1.34034
1.34045
1.34418
1.34024
-0.00264
-0.20%
--
XAUUSD
Gold / US Dollar
4727.05
4727.05
4727.43
4735.68
4634.09
+78.33
+ 1.68%
--
WTI
Light Sweet Crude Oil
93.288
93.288
93.323
94.291
92.063
-0.790
-0.84%
--

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According To Iranian Media Reports, Multiple Attacks Have Occurred In Tehran, Arak, Karaj, And Other Regions

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[Houthi Rebels In Yemen May Close The Bab El-Mandeb Strait] According To A Report By RIA Novosti On The 20th, Mohammed Al-Buhaiti, A Member Of The Political Bureau Of The Houthi Rebels In Yemen, Said That The Group Might Close The Bab El-Mandeb Strait In Support Of Iran. Buhaiti Told RIA Novosti That The Houthi Rebels Are Considering All Possible Options To Support Iran In Resisting Military Strikes By The United States And Israel. If Forced To Close The Bab El-Mandeb Strait, The Houthi Rebels Will Only Attack Ships Belonging To Countries Involved In Attacks Against Iran, Iraq, Lebanon, And Palestine. The Bab El-Mandeb Strait Connects The Red Sea And The Gulf Of Aden, Serving As A Vital Link Between The Atlantic Ocean, The Mediterranean Sea, And The Indian Ocean, And Is Known As A "waterway Corridor" Connecting The Three Continents Of Europe, Asia, And Africa

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A Spokesperson For The Saudi Ministry Of Defense Stated That Two Drones Were Intercepted And Destroyed In The Eastern Region

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India's Nifty 50 Index Last Up 1.25%

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India's Nifty 50 Index Extends Gains, Last Up 1.06%

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India's Nifty Bank Futures Up 0.27% In Pre-Open Trade

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India's NIFTY IT Index Up 1.45 % In Pre-Open Trade

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India's Nifty 50 Index Up 0.47% In Pre-Open Trade

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Indian Rupee Opens At Record Low Of 92.89 Per USA Dollar, Down 0.28% From Previous Close

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[Suspected Erik Voorhees Address Bought 2834 Xaut In The Last 2 Months] March 20Th, According To Onchain Lens Monitoring, An Address Labeled As Erik Voorhees Sold 13,533 Eth For $44.5 Million Over A Year Ago.Over The Past Two Months, The Wallet Has Transferred $13.78 Million Usdt To Multiple Wallets To Purchase 2,834 Xaut.The Wallet Currently Holds $30.72 Million Usdt And Is Likely To Continue Accumulating

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Goldman Sachs Expects BOE To Remain On Hold Throughout 2026 Versus Prior Forecast Of Quarterly Cuts From July

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[Denmark: Denmark Sent Explosives To Greenland Due To Fears Of US Military Action] According To Danish Reports On The 19th, In Response To A Possible US Military Action Against Greenland, Denmark Deployed Contingency Plans In January, Sending Troops And Explosives To The Island, With The Intention Of Sabotaging Airport Runways To Prevent US Transport Planes From Landing. The Reports Indicate That In January, An Advance Team Composed Of Soldiers From Denmark, France, Germany, Norway, And Sweden Was First Dispatched To Greenland, Followed By The Main Force, Including Danish Special Forces. The Reports State That The Danish Soldiers Deployed To The Island Carried Explosives, Intended To Sabotage Airport Runways If Necessary. Denmark Also Sent Blood Bags To Greenland To Provide Medical Care For The Wounded In The Event Of A Firefight. The Reports Also Suggest That After US President Trump Again Pressured Denmark, Denmark Privately Sought Political Support From Its European Allies. Following The US Attack On Venezuela On January 3, Denmark's Concerns About Potential US Military Action In Other Regions Intensified, Leading To The Early Implementation Of Its Planned Troop Deployment. Denmark Stated That The Report Was Based On Multiple Sources, Including Danish Government, Military, And Intelligence Officials, As Well As Senior French And German Officials. The Danish Government And Military Have Not Yet Publicly Responded To This

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China Jan-Feb Fertiliser Output Up 6.7% Year-On-Year At 10.88 Million Metric Tons

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China Jan-Feb Refined Copper Output Up 9% Year-On-Year At 2.47 Million Metric Tons

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China Jan-Feb Crude Iron Ore Output Up 1.3% Year-On-Year At 161.64 Million Metric Tons

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China Jan-Feb Fuel Oil Output Down 10% Year-On-Year At 6.25 Million Metric Tons

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China Jan-Feb Coalbed Methane Output Up 14.6% Year-On-Year At 3.17 Billion Cubic Meters

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Singapore Ministry Of Manpower Says Expect Labour Market To Continue Expanding In 2026

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Singapore December Final Unemployment Rate +2.0%

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China Jan-Feb Lpg Output Down 2.1% Year-On-Year At 8.872 Million Metric Tons

TIME
ACT
FCST
PREV
Euro Zone Gross Wages YoY (Q4)

A:--

F: --

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A:--

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ECB Press Conference
U.S. Annual Total New Home Sales (Jan)

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A:--

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Argentina Trade Balance (Feb)

A:--

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A:--

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China, Mainland 1-Year Loan Prime Rate (LPR)

A:--

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Russia Key Rate

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U.K. CBI Industrial Prices Expectations (Mar)

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U.K. CBI Industrial Trends - Orders (Mar)

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India Deposit Gowth YoY

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Canada Retail Sales MoM (SA) (Jan)

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Canada Core Retail Sales MoM (SA) (Jan)

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U.S. Weekly Total Rig Count

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U.S. Weekly Total Oil Rig Count

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Argentina GDP YoY (Constant Prices) (Q4)

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Argentina Retail Sales YoY (Jan)

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Turkey Consumer Confidence Index (Mar)

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Mexico Retail Sales MoM (Jan)

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Canada National Economic Confidence Index

--

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U.S. Chicago Fed National Activity Index (Feb)

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U.S. Construction Spending MoM (Jan)

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South Korea PPI MoM (Feb)

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Japan CPI MoM (Feb)

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Japan National CPI YoY (Feb)

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--

F: --

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--

F: --

P: --

Q&A with Experts
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    Sanjeev Ku flag
    Sanjeev Ku
    gold looking good for buy CMP 4588 tgt open. the moment i get sell signal will exit
    4588 to 4729
    Sanjeev Ku flag
    Kung Fu
    @marsgentsit'll get to 4740, to kiss the upper band
    @Kung Fu tgt seems bigger bro than 4740.cmp 4732 .have placed suitable sl and will let the trade run
    marsgents flag
    selling from 4770 of showing weak sign
    Kung Fu flag
    marsgents
    selling from 4770 of showing weak sign
    @marsgentsokay. I'll watch for that
    Kung Fu flag
    Sanjeev Ku
    @Kung Fu tgt seems bigger bro than 4740.cmp 4732 .have placed suitable sl and will let the trade run
    @Sanjeev Kuyeah, I figure. There's likely to be a pause before the upward move resumes
    Osaghae Cephas flag
    Kung Fu
    @Osaghae CephasI already mentioned this to you yesterday. The forex pairs I trade are EURUSD and GBPUSD
    @Kung Fuany set ups or signal
    Kung Fu flag
    Osaghae Cephas
    @Kung Fuany set ups or signal
    @Osaghae CephasI do my markup on those pairs at 0855hrs GMT
    Mohammad sagir flag
    send here
    3839816 flag
    今天可以修复到4800吗
    Kung Fu flag
    Mohammad sagir
    send here
    @Mohammad sagir send what exactly here?
    Ashok flag
    Kung Fu flag
    3839816
    今天可以修复到4800吗
    @Visitor3839816it is likely. However ,the intraday trend still evidently remains bearish
    Kung Fu flag
    Ashok
    @AshokI was just wondering what he wanted sent here
    Ashok flag
    Kung Fu
    @AshokI was just wondering what he wanted sent here
    gold @Kung Fu yestarday night i had buy gold now gold flying
    Kung Fu flag
    Ashok
    gold @Kung Fu yestarday night i had buy gold now gold flying
    @Ashokgood for you. At what price did you take the trade
    Ashok flag
    4610
    Kung Fu flag
    Ashok
    4610
    @Ashokthat's a good entry. Over a $100 price move
    Ashok flag
    Kung Fu
    @Ashokthat's a good entry. Over a $100 price move
    @Kung Fuyes
    Kung Fu flag
    Ashok
    @Kung Fuyes
    @Ashokwhat was your lot size
    Ashok flag
    Kung Fu
    @Ashokwhat was your lot size
    @Kung Fu 1.8 lot
    Type here...
    Add Symbol or Code

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          Short-Term "Double Top" Formation May Indicate Further Adjustment

          Eva Chen
          Summary:

          US stocks had a strong first quarter. With the strengthening expectation of a Fed rate cut, the momentum from the first quarter seems likely to continue into the second quarter. Opportunities to increase long positions can be sought near support levels if there is a bearish pullback.

          SELL US30
          Close Time
          CLOSED

          39600.00

          Entry Price

          38883.00

          TP

          40127.00

          SL

          46179.44 +48.99 +0.11%

          4186.0

          Pips

          Profit

          38883.00

          TP

          39181.40

          Exit Price

          39600.00

          Entry Price

          40127.00

          SL

          Fundamentals

          US stocks ended the trading week early last Thursday due to the holiday, closing the first quarter with strong gains. Growth stocks outperformed value stocks, with the Nasdaq Composite Index rising by 9.1%, the S&P 500 Index by 10.2%, and the Dow Jones Industrial Average (DJIA) by 5.6%. NVIDIA (NVDA.O) surged by 82% in Q1, adding over $1 trillion to its market value, benefiting from the AI wave; Apple fell by over 10%, and Tesla by 29%. Microsoft rose by 12%, maintaining its position as the world's largest market cap.
          Despite ongoing conflicts such as the Russia-Ukraine conflict and the Gaza war, escalating tensions among major global powers, the further weaponization of investment restrictions, and unsettling news of three major developed economies (Germany, Japan, and the UK) slipping into recession, the strong rebound of US stocks in the first quarter once again demonstrates that under appropriate conditions, the market can thrive amidst considerable uncertainty.
          It is noteworthy that at the same time, there has been a significant shift in market expectations regarding interest rates, leading to a 30 basis point rise in the yield of two-year US Treasury bonds, with similar changes seen in ten-year US Treasury bond yields. Even a 13% rise in Brent crude oil prices failed to halt the strong rebound of US stocks.
          The impressive performance of the stock market in the face of seemingly unfavorable global conditions is remarkable, especially considering domestic political uncertainties in major countries and the limited coordination ability of global policies in addressing common challenges faced by many countries.
          While the recent performance of the US stock market has been strong, with improvements in economic growth and the job market, there hasn't been a 2% correction in US stocks for a long time, and technical indicators across various sectors are showing overbought or extremely overbought conditions. However, from a technical standpoint, the market may need to consolidate or pull back as it has risen too rapidly. Most of the market performance has been driven by the expansion of price-to-earnings ratios, with profits not seeing significant growth. Additionally, we are concerned about the potential impact of debt levels and interest rates, which are not fully reflected in the current market.
          Short-Term "Double Top" Formation May Indicate Further Adjustment_1

          Technical Analysis

          At the opening of the US stock market on Monday, the Dow Jones Industrial Average (DJIA) opened lower by 17 points. A "double top" pattern has formed in the hourly chart, indicating that the index may face further adjustment. On the downside, if it falls below 39,500 points, it may represent the nearest support level for a short-term trend reversal, followed by the range of 39,282-38,900 points.
          In this scenario, bulls may continue to approach the first resistance level at 39,890. The second resistance level at 40,127 aligns with the 78.60% Fibonacci retracement level, adding to its potential resistance as a further bullish trend.
          On the support side, the first support level at 39,465 is identified as an overlapping support level, close to the 38.20% Fibonacci retracement level. Looking further down, the second support level at 39,278 serves as a retracement support level, close to the 78.60% Fibonacci retracement level, further reinforcing its importance as a potential support level. Breaking below 38,610 would turn the price neutral. In terms of trading, a strategic layout is recommended.

          Trading Recommendations

          Trading Direction: Short
          Entry Price: 39600
          Target Price: 38883
          Stop Loss: 40127
          Valid Until: 2024-04-15 23:55:00
          Support: 39456, 39278, 38989
          Resistance: 39890, 40000, 40127
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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