Home Business & Finance US Outlook – More losses ahead of the long weekend

US Outlook – More losses ahead of the long weekend

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US Outlook - More losses ahead of the long weekend

Friday, 01/14/2022 – 3:26 p.m. – Chart analysis Nasdaq 100 and S&P 500 did not get beyond the named resistance zones yesterday, but were sold heavily, unlike on Wednesday. Only the Dow Jones took a detour. Further price declines are indicated before the market.

  • Dow Jones – Abbreviation: DJIA – ISIN: US2605661048
    Exchange: NYSE / Price level: $36,113.62
  • Nasdaq-100 – Code: ND100 – ISIN: US6311011026
    Stock exchange: Nasdaq / Price: 15,495.62 pts
  • S&P 500 – Abbreviation: S500 – ISIN: US78378X1072
    Exchange: TTMzero indication / price level: 4,659.03 pts
  • As on Thursday, the Dow Jones jumped out of line on Friday and marked another recovery high before this index also turned to the bottom. The target at 36,566 points was missed with a daily high of 36,514 points. The focus is now on the supports again. The Fibonacci retracement moves slightly up to 35,973 points due to the further high. If it does not hold, the danger of a test of the EMA 50 increases at a good 35,830 points. Below that, the zone comes into play around 35,640/35,625 points. Yesterday’s high at 36,514 points and the breakout level at 36,566 points serve as resistance. Dow Jones Chart Analysis The Nasdaq 100 failed to clear the 16,000 point range yesterday as well. Unlike on Wednesday, however, the bears spoke up clearly. At the end of trading, even the support area around 15,500 points was slightly torn. I’ve only been trading through Guidants for a while now. Because that’s where I also analyze my base values. Trading is easy. Connect to the broker via Guidants, assign a session TAN and get started! Without additional costs and with a noticeable time saving! All information about trading via Guidants can be found here. In this context, be sure to also take a look at our new certificate mode in charting. Derivatives trading has never been so easy! The pre-market is deep red, which means that further losses towards 15,292 points are likely. A first decision is made there. If there is no resistance, the weekly low of 15,165 points would be the next point of contact. On the upside, the carved out resistance zone between 15,989 and 16,019 points has proven and remains stubborn. Nasdaq 100 Chart Analysis The S&P 500 also remained stuck below Wednesday’s high yesterday. The sell-off reached the EMA50 and stopped just above the 4,640 mark. This is also the focus of today’s trade. If it is torn, the trend since the December low, which is currently running at around 4,590 points, would be up for debate again. Below that, the intermediate low of 4,582 points would come into play. On the upside, the resistance zone between 4,718 and 4,749 points remains as it was yesterday. S&P 500 chart analysis



    #Outlook #losses #ahead #long #weekend

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