Markets

DAX – Trump creates volatility again

Trump`s COVID-19 infection is putting the DAX® bulls in a row today: After the news from the morning, the index opened with a decent downward price gap and was at times well below the 12,600 mark before stabilizing.
For the afternoon there is both a large “sell off“, As well as so-called”patriotic buying “to plan because the President is ill. Unfortunately, I don’t currently know which scenario will take place in the end.

From a purely technical point of view, the index has to quickly move back above the 12,700 mark, otherwise there is a risk of a major setback towards 12,400 points and lower. Have a nice weekend to all readers!

DAX® in points hourly chart; 1 candle = 1 hour (logical candle chart display)

Observation period: September 8th, 2020 – October 2nd, 2020. Historical considerations are not reliable indicators of future developments. Source: Guidants.com

DAX® in points monthly chart; 1 candle = 1 month (logical candle chart display)

Observation period: October 1st, 2015 – October 2nd, 2020. Historical considerations are not reliable indicators of future developments. Source: Guidants.com

With the new HVB knock-out trading tool on Guidants In future, you can find the right product for your trading strategy at the click of a mouse under the risk-reward perspective Try it!

You can find leverage products for speculation on an upward or downward movement or sideways movement of the DAX® here.

Turbo Bull on DAX® Index for speculation on an increase in the index

UnderlyingWKNSelling price in EURBase price / knock-out in pts.leverlast valuation day
DAX® indexHR0G3N 16.9610,9757.4710/30/2020
DAX® indexHR16F6 4.8412,20026.08December 15, 2020
Source: HypoVereinsbank onemarkets; 10/02/2020; 11:12 am

Turbo Bear on DAX® Index for speculation on a price loss of the index

UnderlyingWKNSelling price in EURBase price / knock-out in pts.leverlast valuation day
DAX® indexHR14JZ 31.0615,7254.0811/30/2020
DAX® indexHR15JY 21.0514,7256.4511/30/2020
Source: HypoVereinsbank onemarkets; 10/02/2020; 11:12 am
With the HVB knock-out trading tool on Guidants you can find the right product for your trading strategy at the click of a mouse under the risk-reward perspective. Try it!

NEW: Cashback trading – when the issuer pays my order fees!

Place the order as usual through your broker or bank. Cashback via the free Cashbuzz app or online via the website activate. Credit of up to 50 euros per trade (for trades from 1,000 euros) up to a maximum of 1,000 euros per month. Further information at: www.onemarkets.de/cashback

Please note the important information and the disclaimer.

This information does not constitute investment advice, but advertising. The public offer is made exclusively on the basis of a securities prospectus approved by the Federal Financial Supervisory Authority (“BaFin”). Approval of the prospectus should not be understood as a recommendation to purchase these UniCredit Bank AG securities. Only the prospectus including any supplements is relevant and the Final Terms. It is recommended that you read these documents carefully before making any investment decision in order to fully understand the potential risks and rewards of investing. You are about to acquire a product that is not easy and can be difficult to understand.

How the HVB products work

The contribution DAX – Trump is again causing volatility first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

Author: Henry Philippson

Note: PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that has been recognized by third parties in the “News” section of this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” mark below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Tags

Related Articles

Back to top button
Close
Close