S&P 500 Index: Close above key support at 3646/42 keeps the near-term risks higher - Credit Suisse
14.12.2020, 13:29

S&P 500 Index: Close above key support at 3646/42 keeps the near-term risks higher - Credit Suisse

S&P 500 Index: Close above key support at 3646/42 keeps the near-term risks higher - Credit Suisse

FXStreet notes that the S&P 500 Index reversed higher late on Friday to post a small potentially bullish ‘hammer’ candlestick reversal pattern, which looks set to be reinforced by further bullish price action today, per Credit Suisse. 

“The S&P 500 reversed higher late in the day on Friday, posting a small, potentially bullish ‘hammer’ candlestick pattern. This late reversal saw the market recover to close above key price/gap support and a short-term uptrend at 3646/42. Whilst above here on a closing basis, our immediate bias stays (cautiously) higher with resistance seen at 3681 initially, above which is need to clear the way for strength back to 3712, above which would negate the recently completed ’reversal day’ and open up 3720/25.” 

“Nevertheless, a small bearish ‘reversal day’ on elevated volume is still in place, with daily MACD also crossing lower. With the market also still seen in a ‘euphoric’ state (91% S&P 500 stocks are above their 200-day average and the market above the upper end of what we see as its ‘typical’ extreme) the rally is still seen at a more critical and vulnerable state and supports need to continue to be watched very carefully. However, only a close below 3646/42 would suggest a more concerted correction lower is underway with support then seen next at 3625/22.”

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik