Analyzed by: Mr. Long Samnang Business Manager of Golden FX Link Capital
Friday trade, S&P 500 downed 0.72%, Nasdaq composite downed 1.23%, DJIA downed 0.68% amid the geopolitical tension.
Market sentiment seem to be cooled down after US and Russia president, Mr. Biden and Mr. Putin agreed to host a submit to discuss on the Ukraine crisis in the coming weeks, which means that the possibility of the diplomacy still ongoing and the hopes of Ukraine still remain, if the invasion hasn’t happened.
Indices future roses, ES00 (E-mini S&P 500 Futures) roses 0.49%, NQ00 (E-mini Nasdaq Composite Futures) roses 0.36%, while YM00 (E-mini DJIA Futures) roses 0.45% in Asian morning session.
In contrast, investors should always prepare for the unexpected risks that not possibly happened. Even the US and Russia president agreed in principle on the summit meeting. In case if the invasion happened, the further sanction will be in action on Russia, besides the energy war on Crude Oil and Natural Gas, a plan to disconnecting the financial connection from Russia to the Globe likely to be happened, which barring U.S. financial institutions from processing transactions for major Russian banks, including VTB Bank, Sberbank, VEB, and Gazprombank.
VIX remain trading around 27 point, higher than 20 indicates investor trading in the fear and uncertain environment.
Investor should buy Nasdaq index at 14,060, setting stop loss at 13,800 and take profit at 14,460.
Please click the link below and fill in information to get investment opportunities and free consultation from the experts of the leading derivative brokerage company in Cambodia!
Click here to learn more about this article
Website: www.goldenfxlink.com
Facebook Page: Golden FX Link Capital Co,.Ltd
Tel: 023 22 6666
Disclaimer:
Golden FX Link Capital Co., Ltd. endeavors to ensure the accuracy and completeness of this research report. However, as the market is subject to change, the Company and our subsidiaries do not guarantee its completeness and accuracy, and the information is for reference only. Any person shall not regard such information as Golden FX Link Capital Co., Ltd. on leveraged foreign exchange, precious metals, stocks, and other financial products to provide real quotes, suggestions, solicitation, and inducement of investment. Guests should be aware of the risks involved in the investment, the volatility of the investment market, and the risk of loss can be very big, guests must carefully consider their own financial situation and investment purposes, to decide the direction of investment and the kind of investment products that are suitable for their owns.
