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Irans chief negotiator, Qalibaf, stated, "The era of bullying and blackmail is over," and Iran will not "give in."Irans chief negotiator, Qalibaf, stated that the United States violated the "Iranian readjustment plan" regarding the Strait of Hormuz.July 8th - According to media reports, Xiaomi Auto recently launched the brand name "SkyNomad" and the Chinese name "澎程" (Pengcheng), emphasizing a new brand image focused on space and lifestyle, which has attracted considerable attention. According to Tianyancha intellectual property information, Xiaomi Technology Co., Ltd. has applied for registration of multiple "SKYNOMAD" and "澎程" trademarks, covering international classifications such as transportation vehicles, machinery and equipment, and communication services; some of these trademarks have already been successfully registered.On July 8th, DBS Group Research Department Multi-Asset Strategist Sherilyn Chew stated that the medium-term outlook for gold remains slightly more constructive. On one hand, the launch of a gold clearing infrastructure trial in Hong Kong reinforces the broader theme of continued interest in gold across Asia and should help deepen market accessibility throughout the region over time. On the other hand, amidst discussions about de-dollarization, the Peoples Bank of Chinas continued gold purchases highlight sustained demand from the official sector. Both factors provide support for the medium-term demand floor for gold.The China Earthquake Networks Center officially reported that a magnitude 5.0 earthquake occurred at 10:08 on July 8 in Gao County, Yibin City, Sichuan Province (28.54 degrees north latitude, 104.67 degrees east longitude), with a focal depth of 6 kilometers.

E-mini S&P 500 Index (ES) Futures Technical Analysis

Jimmy Khan

May 17, 2022 10:21

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June E-mini S&P 500 Index futures are trading at 4042.75, up 23.00 or +0.57%, at 18:33 GMT. The S&P 500 Trust ETF (SPY) is up $1.91, or 0.48 percent, to $403.70.


On Monday, top IT companies took another knock early in the day. Apple's stock dropped 1% after briefly falling into a bear market last week. Tesla's stock has plummeted 5%. Alphabet, the parent company of Google, saw its stock drop 1.6 percent. Apple was up 0.14 percent late in the afternoon, while Tesla and Alphabet pared their losses.

Swing Chart Every Day Technical Evaluation

According to the daily swing chart, the major trend is down. The return of the decline will be signaled by a trade through 3855.00. The major trend will turn to up if 4303.00 is broken.


4303.00 to 3855.00 is the short-term range. The closest upward goal is the retracement zone around 4079.00 to 4132.00.


4509.00 to 3855.00 is the middle range. Its pivot or 50 percent level is 4182.00.


4327.50 to 4439.00 is the key retracement zone resistance.