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Hang Seng Index futures opened up 0.5% at 13,806 points, 67 points higher than the previous session.On March 17, Aimi Vaccine (06660.HK) announced on the Hong Kong Stock Exchange in the morning of March 17 that it expects a significant reduction in losses. It is expected to record unaudited revenue of between 1.25 billion and 1.3 billion during the reporting period, an increase of 60 million to 110 million from the previous years revenue of 1.19 billion, an increase of 5% to 9%, and an unaudited net loss of between 250 million and 290 million yuan, a significant reduction of 1.66 billion to 1.7 billion from the previous years net loss of 1.95 billion yuan, a reduction of 85% to 87%. The board of directors initially believes that the increase in revenue is mainly due to the increase in the companys hepatitis B vaccine revenue, and the reduction in comprehensive net losses is mainly due to the reduction in the amount of large asset impairment losses and the increase in revenue this year.The main fuel oil contract expanded its intraday increase to 2.00% and is now trading at 3168.00 yuan/ton.On March 17, according to a poll conducted by Japans Asahi Shimbun, public support for Prime Minister Shigeru Ishibas government fell to a historic low after he distributed gift certificates to some ruling party lawmakers. The poll conducted from March 15 to 16 showed that Ishibas approval rating fell 14 percentage points from the previous survey conducted in February to 26%, the lowest approval rating since Ishiba took office in October last year.Futures March 17 news, crude oil trend upward, but gasoline and diesel shipments are poor, fuel oil news is mixed, the fuel oil market support is limited. Downstream procurement operations are dominated by rigid demand, the market outlook is cautious and positive, refinery shipments are tepid, it is expected that most of the bargaining today will be stable, with a few narrow fluctuations.

S&P 500 Price Forecast — S&P 500 Rallies Before Jackson Hole

Alice Wang

Aug 26, 2022 16:48



As we wait for Chairman Jerome Powell's address on Friday morning, the S&P 500 gained a little during the trading session on Thursday in the E-mini contract.

Techniques for the S&P 500

The S&P 500 increased slightly throughout the trading session in the E-mini contract to cross the 200-day EMA on Thursday. You shouldn't be shocked to learn that we have once again found this to be interesting as the 200-day EMA is obviously an indication that many traders pay attention to. At the end of the day, even if we do rise from here, the 4300 level above may serve as a big resistance level.


The 50-day EMA might act as support if we go below the Wednesday candlestick's bottom. The S&P 500 drops significantly if it breaks down below that level. Additionally, you should pay particular attention to the fact that people will either believe that the Federal Reserve will change its stance or stay hawkish as a result of Jerome Powell's speech on Friday. It's probably better to wait and see how the week ends because, at this point, I believe it's quite risky to be in the market on Friday. You must also bear in mind that the market often responds in one manner, only to change its course the next trading session. Because we have the full weekend to discuss what Jerome Powell means, this will also be intriguing.


We are in the middle of the 50 and 200-day EMA indications, which does imply that we will be compressing before we can move in a more positive or negative direction. On Friday, I will just be watching; the danger is simply too great for me to do anything else.

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