We would thus wish to go long the Dow around the 38,000 mark with a stop loss just below last week’s low at 37,235 and an upside target around the 39,000 level. (AI Video Summary) Previous DAX 40 trading outcome This week's "Trade of the week" centers...
5 months ago(AI Video Summary) Previous Dow Jones trading outcome This week's "Trade of the week" financial insight focuses on strategic movements in the stock market as of 29 April, 2024. The highlight is on advising investors holding positions in the Dow Jones, wit...
5 months agoDow losses pause for now The Dow Jones index failed to hold its highs yesterday, but has managed to avoid a lower close. In addition, the price has opened higher today, bolstering the view that a short-term low has been formed. A close above 40,400 h...
2 months agoDow marches higher The Dow Jones index staged a strong recovery last week, moving back above 40,000 after the pullback from its record high in July. It has opened higher at the beginning of the new week, and is once again on course to test the July...
2 months agoDow recovery goes on The Dow Jones index continues its recovery, with the smaller weighting of tech stocks acting for now as a help, rather than the hindrance it has been for most of the year. After recovering back above 40,000 last Friday the pric...
2 months agoNASDAQ 100 slumps to recent lows Wednesday’s gains were wiped out in a dramatic reversal on Thursday, which took the NASDAQ 100 index right back to the lows of the week around 18,600. If 18,600 is broken the lows from the end of May at 18,187 are the...
2 months agoNASDAQ 100 rout intensifies At one point this morning the NASDAQ 100 was expected to open 1000 points lower in the cash session. The index has gapped lower, and is now trading below the 200-day simple moving average (SMA) for the first time since Ma...
2 months agoNASDAQ 100 stages dramatic rebound Yesterday saw a huge rebound off the lows of the session. Crucially, the NASDAQ 100 price rebounded and held above the 200-day simple moving average (SMA), currently 17,794. The index is already down 12.5% from its...
2 months agoNASDAQ 100 fights to hold 200-day MA After rebounding on Tuesday, the NASDAQ 100 index fell back on Wednesday to the 200-day simple moving average (SMA), currently 17,831, and closed above this level. Early trading on Thursday has put further pressu...
2 months agoNASDAQ 100 still moving higher The NASDAQ 100 index has enjoyed an impressive run over the past week, bouncing off the 200-day simple moving average (SMA). Further gains now target the 19,500 highs from 31 July and 1 August, and also the 50-day SMA....
2 months agoNikkei 225 regains Monday’s sell-off Following profit taking on Monday, the Nikkei 225 regained its losses on Tuesday morning, helped by another strong showing of US indices. Last week’s high and the 200-day simple moving average (SMA) at 38,152-to-3...
1 month agoNikkei 225 stays side-lined The Nikkei 225 has been sideways trading around the 200-day simple moving average (SMA) at 38,284 but below the 55-day SMA at 38,577 for the past week or so. Were the index to rise above both of the moving averages, the lat...
1 month agoNikkei 225 stays range bound The Nikkei 225 index has been trading sideways around the 200-day simple moving average (SMA) at 38,402, but below the 55-day SMA at 38,525 over the past couple of weeks. If the index can move above both moving averages, t...
1 month agoNASDAQ 100 edges higher The NASDAQ 100 index has pushed higher from the lows of last week, though it remains well below the highs seen in the second half of August at 19,950. It has held trendline support from the August low, which formed with the low...
1 month ago