Markets

Dow Jones – Now it depends! – columns

The Dow Jones Industrial Average® moved above the resistance at 30,674 points in the previous week and thus also broke another cap on the chart. At its peak, the index reached 31,193 points. Friday trading was highly volatile. After a weak first half of the hand, the bulls took over the helm again. However, there were no new all-time highs. With a view to the day candle from Friday, today’s performance in the pre-market will certainly come as a surprise to many market participants. Because the reversal does not lead to follow-up purchases. Rather, the index clearly gives off in the pre-exchange. This means that the Friday low at 30,793 points will already be an issue at the start of trading. If the index gives up, there is a risk of taxes of up to 30,674 points. The bulls have to defend this price level, otherwise significant losses towards 30,320 points are likely. In addition, the breakout in the previous week would prove to be a classic trap from a chart technical point of view.

If, on the other hand, the Dow Jones Industrial Average® rises above Thursday’s high of 31,193 points, the upward trend would be confirmed. In this case the index could continue the upward movement to 31,500 points.

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

old
Observation period: 11/10/2020 – 01/08/2021. 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)

old
Observation period: 01/01/2016 – 01/08/2021. 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® IndexHR2LVQ 55.9624,050.00 4.5301/29/2021
Dow Jones® IndexHR36XM 30.4927,150.00 8.3201/29/2021
Source: HypoVereinsbank onemarkets; As of: January 11, 2021; 3:04 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® IndexHR4246 33.0734,800.007.6701/29/2021
DowJones® IndexHR2EBW 18.2233,000.0013.9201/29/2021
Source: HypoVereinsbank onemarkets; Status: January 11, 2021; 3:06 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 contribution Dow Jones – Now it depends! 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 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.

Tags

Related Articles

Back to top button
Close
Close