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Chart: Speculative Sentiment Index on Tuesday, January 27, 2026On January 27th, according to a research report from Chaos Tiancheng Futures, the main lithium carbonate contract fell 6.56% yesterday, closing at 165,680 yuan/ton. Following increased regulatory scrutiny from exchanges last week, the scope and intensity of window guidance have been further expanded this week, significantly suppressing market sentiment. If speculative funds withdraw before the holiday, the subsequent trend and pace may depend on the post-holiday verification of the actual supply and demand situation in the spot market. In the short term, due to excessive trading in previous lithium price expectations and a rapid price increase, there is a risk of correction following increased regulation. Given the compliance risks facing domestic supply and the continued risks of resource nationalism and geopolitics for overseas supply, we believe that the central price of lithium carbonate will maintain an upward trend until the narrative of a supply-demand reversal driven by high lithium battery demand is disproven.Guyanas Finance Minister: Oil revenues are projected to reach $2.79 billion by 2026.Assistant Secretary of Homeland Security McLaughlin: Gregory Bovino, the “commander-in-chief” of the U.S. Border Patrol, has not been relieved of his duties.According to foreign media reports on January 27th, Malaysian crude palm oil futures on the Bursa Malaysia Derivatives Exchange (BMD) are likely to open lower on Tuesday morning, following the downward trend in external markets. Lower Chicago soybean oil futures and international crude oil futures will drag down the early performance of Malaysian crude palm oil futures. A stronger ringgit is also bearish for prices, as this typically weakens the export competitiveness of Malaysian palm oil. However, recent strong Malaysian palm oil exports, coupled with the possibility of increased restocking by major importing countries ahead of the Lunar New Year and Ramadan in February, will provide some support to the palm oil market.

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis

Cory Russell

Aug 18, 2022 14:42



August E-mini Early on Thursday, the Dow Jones Industrial Average futures are edging down after the previous session ended their five-day winning run. The price movement indicates that the current boom could be waning.


Deflating Target earnings news caused the blue chip average to fall early in the session on Wednesday. Despite the fact that the stock is not a part of the Dow, the news had a depressing effect on market mood.


A mixed data on U.S. retail sales later in the afternoon failed to excite investors since it increased the likelihood that the Fed will raise interest rates by 75 basis points in September.


However, the transaction was impacted by the Fed minutes. Trading lowered the likelihood of a 75 basis point rate rise and boosted the likelihood of a 50 basis point rate hike since it was seen as less hawkish. The E-mini Dow was able to rise over its intraday low thanks to this.


September E-mini Dow Jones Industrial Average futures are now trading at 33937, down 26 or -0.08%, as of 04:54 GMT. The SPDR Dow Jones Industrial Average ETF (DIA) finished Wednesday's trading session at $340.21, down $1.53 or -0.45%.

Looking Forward

Following the Wednesday Closing Bell, Dow component Cisco increased by more than 3% as a consequence of the publication of its fiscal fourth-quarter earnings. This action may have provided a little floor for the market, but it wasn't noteworthy enough to raise prices.


A deluge of U.S. economic data, including the Philly Fed Manufacturing Index, Weekly Unemployment Claims, Existing Home Sales, and the Conference Board's Leading Index, will be available for traders to respond to later today.


The Philly Fed data may be the most important, particularly if it is far worse than expected, as the Empire State Manufacturing Index was on Monday.


Technically speaking, the Dow may be running a bit too hot, which might give the Fed cause to try to aggressively raise interest rates in an effort to bring it down.

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