Markets

Dow Jones – New all-time high is being sold – Columns

The Dow Jones Industrial Average® was the only one of the three major US indices to mark a new all-time high at 31,223 points yesterday. But this was promptly sold off again. The index put a bearish daily reversal on the floor.This entails further charges in the preliminary exchange. The low at 30,793 points provides support and could be started in today’s trade. The 30,674 point mark would come into play here. The bulls have to defend this price level, otherwise significant losses in the direction of 30,320 points are likely. In addition, the outbreak of the technical chart caps at the start of the year would turn out to be a false signal.

For a continuation of the upward movement, prices above 31,223 points would be required on the upside. In this case, 31,500 points can be achieved.

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

old
Observation period: November 24, 2020 – January 14, 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 – 01/14/2021. Historical considerations are not reliable indicators for future developments. Source: www.guidants.com

You will 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: 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 Dow Jones – The new all-time high is sold 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” label 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