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August 31st - According to data from online platforms, as of 9 PM on August 31st, the total box office for August 2026 reached 5.829 billion yuan. "Welcome to Dragon Restaurant" topped the August box office with 1.949 billion yuan, followed by "Spider-Man: New Day" and "Eight Immortals!" in second and third place respectively.On August 31, Pakistani Prime Minister Sheikh Sharif held talks with Iranian President Masood Pezechiyan on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Kyrgyzstan. The two leaders exchanged views on the latest developments in Pakistan-Iran bilateral relations and cooperation, as well as ways to further strengthen interaction and cooperation between the two countries. Sharif and Pezechiyan emphasized the need to fully utilize existing cooperation potential and resources to promote the further development and deepening of bilateral relations in all fields.The main liquefied petroleum gas (LPG) contract rose by 2.00% during the day, currently trading at 6195.00 yuan/ton.At the opening of the night session, most domestic futures contracts rose, with ethylene glycol (EG) up over 4%, PET chips, SC crude oil, methanol, fuel oil, and propylene up over 3%, and benzene and styrene (EB) up over 2%. On the downside, silver fell over 2%, gold fell nearly 2%, pulp fell over 1%, and rapeseed meal and cotton yarn fell nearly 1%.Saudi Defense Minister: We reaffirm our commitment to continuing the Mecca Agreement to enhance political and defense integration.

E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Ready to Strike Next Main Top at 34011

Alice Wang

Aug 15, 2022 15:03

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Late in the Friday afternoon, September E-mini Dow Jones Industrial Average futures are trading substantially higher. Expectations of a less rapid pace of future interest rate increases beginning in September are the driving forces behind the rally. The present spending binge was spurred by earlier in the week's weaker-than-anticipated consumer and producer inflation numbers.


September E-mini Dow Jones Industrial Average futures are now trading at 33634, up 330 or +0.99%, at 18:58 GMT. Currently trading at $337.81, the SPDR Dow Jones industrial average ETF is up $4.10 or +1.23%.


Optimism was also fueled by statistics indicating that U.S. consumer confidence increased in August after hitting a record low this summer and that American consumers' expectations for inflation in the near term decreased once again as a result of falling gasoline costs.


The banking sector is up approximately 1.4% to continue its gain for a sixth consecutive week, according to stock market reports. JPMorgan Chase & Co. and Goldman Sachs Group Inc., two Dow components, are up 1.66% and 0.61%, respectively. Walt Disney and Merck & Co. are poised to record the session's biggest increases.

Swing Chart Technical Analysis for the Day

The daily swing chart indicates that the overall trend is upward. The rise resumed after the transaction passed 33625. The uptrend will be confirmed if a move is made through the next key top at 34011. When a transaction passes over 32342, the primary trend will turn downward.


35405 to 29639 is the primary range. The support that is dictating the short-term direction of the market is between 33202 to 32522, which is the strong side of the market's retracement zone.

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