یہ بھی دیکھیں
29.01.2025 10:46 AMThe S&P 500 Futures CFD is rebounding strongly after a brief dip on Monday, driven by news of Chinese company DeepSeek's successes in the AI sector. Traders clearly used the news as an excuse to lock in profits from earlier gains and resume buying stocks at more attractive lower price levels.
Following the Fed meeting, which is expected to deliver no surprises, the trading instrument is likely to extend its gains.
Technical outlook and trading tips:
The price is above the middle line of the Bollinger Bands, as well as above the SMA 5 and SMA 14, which, through their crossover, signal a buying opportunity. The RSI is above the 50% level and continues to rise, also signaling a buying opportunity. The Stochastic indicator is entering overbought territory.
A break above the 6,068.65 level paves the way for further gains to 6,099.40 and then to 6,124.80.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
