Markets

DAX – bullish opening is sold off – columns

Wednesday,
11/25/2020
10:49

from onemarkets blog

| Views: 196

The DAX® stalked further north in the course of yesterday’s trading and started trading today with a substantial gap in the price of just under the 13,350 mark. However, within the first hour of trading, most of the gains were completely sold off again.

Since no hourly close above 13,300 points has been achieved on today’s trading day, the breakout on the upper side is anything but complete – on the contrary: As long as the opening level at 13,350 points cannot be overcome by the hourly closing price, the downside risks towards 13,200 points, potentially dominate today even 13,050 points.

Only above 13,350 points does the chart light up again decisively in favor of the bulls in the hourly chart.

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

old

Observation period: October 20, 2020 – November 25, 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)

old

Observation period: November 1st, 2015 – November 25th, 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® indexHR2T5D39.969,3253.3311/30/2020
DAX® indexHR1LYP 28.1710,4504.70December 15, 2020
Source: HypoVereinsbank onemarkets; 11/24/2020; 10:19 a.m.

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 24.4515,7255.4411/30/2020
DAX® indexHR15JY 14.4714,7259.1911/30/2020
Source: HypoVereinsbank onemarkets; 11/24/2020; 10:19 a.m.
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 orders 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 to the DAX – Bullish Opening will be sold off first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

Author: Henry Philippson

In the onemarkets blog, experts from HypoVereinsbank onemarkets and technical analysts from GodmodeTrader will tell you what will move the markets before the stock market starts. During the day, the editors keep an eye on the DAX, Dow & Co. for you and show you how you can benefit from the ups and downs with leverage products.
http://blog.onemarkets.de

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 recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.

Other users were also interested in this article:

Tags

Related Articles

Back to top button
Close
Close