Markets

Dow Jones – An impressive performance

The Dow Jones Industrial Average® was in excellent shape again this week. After a short breather around the EMA200, the buyers continued to step on the gas and have been very good on the last schedule presented so far. But the goal has still not been reached.
Although it can get dizzy in the face of the steep rally, the daily chart in the index shows further potential in terms of chart technology. Up to the March high of 27,100 points there are no more significant hurdles. In the smaller time levels, milestones can be mentioned at 26,600 and 26,894 points.

Since no new striking intermediate low has been formed so far, further stop increases are not possible at first, one would like to use the day candles as a guide. Hedging therefore continues to be appropriate at 24,294 points (conservative method) or 25,031 points (last interim low from the previous week).

In the hourly chart, however, hedges can already be drawn below yesterday’s low at 26,082 points, insofar as the Thursday high of 26,384 points is exceeded.

Dow Jones Industrial Average® index in points on daily chart; 1 candle = 1 day (log. Candle chart)

Viewing period: January 17th, 2020 – June 4th, 2020. Historical considerations are not reliable indicators of future developments. Source: www.guidants.com

Dow Jones Industrial Average® index in points per month; 1 candle = 1 month (log. Candle chart)

Observation period: June 1, 2015 – June 4, 2020. Historical considerations are not reliable indicators of future developments. Source: www.guidants.com

Investment opportunities

Turbo Bull on the Dow Jones Industrial Average® Index for speculation on an increase in the index

UnderlyingWKNAsk price / EURBase price / knock-out in pointsleverFinal valuation day
Dow Jones® indexHZ8BYK84.3217,050.002.78June 30, 2020
Dow Jones® indexHZ8G8884.7817,000.002.77June 30, 2020
Source: HypoVereinsbank onemarkets; As of June 5, 2020; 1:54 p.m.

Turbo Bear on the Dow Jones Industrial Average® Index for speculation of a loss in the index

UnderlyingWKNAsk price / EURBase price / knock-out in pointsleverFinal valuation day
DowJones® indexHZ6STA 41.7731,300.005.62June 30, 2020
DowJones® indexHZ6SSF 29.0129,850.008.09June 30, 2020
Source: HypoVereinsbank onemarkets; As of June 5, 2020; 1:56 p.m.

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The Dow Jones contribution – An impressive performance first appeared on onemarket’s blog (HypoVereinsbank – UniCredit Bank AG).

Author: Bastian Galuschka

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