Markets

Nasdaq 100 – A Major Setback – Columns

Friday,
12/11/2020
16:07

from onemarkets blog

| Views: 85

The Nasdaq-100® Index was unable to implement last Wednesday’s schedule at all. The index fell back significantly, breaking through the supports at 12,510 and 12,439 points and sending out sell signals. The sell-off continued yesterday, but the index recovered significantly from the daily lows. All is not lost for the cops yet. It would be important to keep the support at 12,205 points. Below that, the momentum could tilt completely and the index could be sold towards the horizontal at 11,846 points. There is also a large gap in the price at 11,356 points on the bottom.

If the Nasdaq-100® recovers in today’s trading, 12,439 and 12,510 points serve as resistances. Above this, the index could head for the all-time high of 12,651 points. If this is cracked, the way would be free to the projection target at 12,820 points.

Nasdaq-100® in points on the daily chart; 1 candle = 1 day (logical candle chart display)

old
Observation period: 08/24/2020 – 12/10/2020. Historical considerations are not reliable indicators for future developments. Source: Guidants

Nasdaq-100® in points on the monthly chart; 1 candle = 1 month (logical candle chart display)

old
Observation period: December 1, 2015 – December 10, 2020 Historical considerations are not reliable indicators for future developments. Source: Guidants

Investment opportunities

Turbo Bull on NASDAQ-100® Index for speculation on an increase in the index

Underlying WKN Ask rate/ EUR Base price / knock-out in pts. lever Final valuation day
NASDAQ-100® index HR3LCQ 18.13 10.150 5.61 March 31, 2021
NASDAQ-100® index HR33YR
7.90 11,400 12.89 March 31, 2021
Source: HypoVereinsbank onemarkets; As of: December 10th, 2020; 3:08 pm

Turbo Bear on NASDAQ-100® Index for speculation on a decline in the price of the index

Underlying WKN Ask rate/ EUR Base price / knock-out in pts. lever Final valuation day
NASDAQ-100® index HR3YK9 17.18 14,375 5.92 March 31, 2021
NASDAQ-100® index HR2EFX
12.83 13,850 7.93 March 31, 2021
Source: HypoVereinsbank onemarkets; As of: December 10th, 2020; 3:10 p.m.

You will find leverage and investment products for speculation on an upward or downward movement or sideways movement of the DAX® here. With the new 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 contribution Nasdaq 100 – a major setback first appeared on onemarkets blog (HypoVereinsbank – UniCredit Bank AG).

Author: Bastian Galuschka

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