Markets

Dow Jones – First target within reach

The Dow Jones Industrial Average® fell further on Friday and was already approaching the initial support at 29,199 points in large strides. The pullback to the chart-technical hurdles last exceeded is in full swing. In addition to the already mentioned support at 29,199 points, the support zone between 28,958 to 28,892 points remains important and could be approached in the further course of the week. The bulls should defend this price range, otherwise a small top formation would be completed, which could result in a drop in the gap at 28,432 points.

On the upper side, the well-known brands are also used. 29,964 points can be used as a buy trigger. The around 30,000 should not be underestimated at first, the index could stay there for a while. The next projection target, should this mark fall, is 30,640 points.

Dow Jones Industrial Average® Index in points on the daily chart; 1 candle = 1 day (logical candle chart display)

Observation period: August 26, 2020 – November 20, 2020. Historical considerations are not reliable indicators for future developments. Source: www.guidants.com

Dow Jones Industrial Average® Index in points on the monthly chart; 1 candle = 1 month (logical candle chart display)

Observation period: November 1, 2015 – November 20, 2020. Historical considerations are not reliable indicators for future developments. Source: www.guidants.com

Investment opportunities

Turbo Bull on Dow Jones Industrial Average® Index for speculation that the index will rise

UnderlyingWKNAsk rate / EURBase price / knock-out in pts.leverFinal valuation day
Dow Jones® IndexHR1Y0F 51.6823,200.00 4.78December 15, 2020
Dow Jones® IndexHR1HYN 34.8725,200.00 7.08December 15, 2020
Source: HypoVereinsbank onemarkets; Status: 23/11/2020; 3:20 pm

Turbo Bear on the Dow Jones Industrial Average® Index for speculation that the index may lose value

UnderlyingWKNAsk rate / EURBase price / knock-out in pts.leverFinal valuation day
DowJones® IndexHR14GG 30.3732,900.008.13December 15, 2020
DowJones® IndexHR1J1M 12.4330,750.0019.88December 15, 2020
Source: HypoVereinsbank onemarkets; Status: 23/11/2020; 3:22 pm

You can find leverage and investment products for speculation on an upward or downward movement or sideways movement of the DAX® here. With the HVB knock-out trading tool On Guidants you will be able to find the right product for your trading strategy at the click of a mouse under the risk-reward perspective. Try it!

NEW: Get a majority of your trading costs back! Place orders as usual through your broker or bank. Activate cashback via the free Cashbuzz app. A credit of up to 50 euros per trade from 1,000 euros is made in a few days – up to a maximum of 250 euros per month. More 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 Dow Jones contribution – First target within reach first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

Author: Bastian Galuschka

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 is recognizably posted by third parties in the “News” area 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