Technical analysis of SP 500, Nasdaq, Eurostoxx 50, DAX 40, October 7, 2024, featuring Nikola, Wynn and Moderna Stocks.
Today is October 7, 2024, and European financial markets are showing interesting dynamics. Here we leave intraday technical analysis of the main indices: SP 500, Nasdaq, Eurostoxx 50, DAX 40.
As always, we use 30-minute charts to identify trading ranges where the odds may be in favor.
In addition, we analyze the leading stocks from the previous day, such as Nikola, Wynn and Moderna.
Through this analysis, we will examine movements and patterns that may indicate upcoming investment trends and possible strategies traders can adopt today.
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Investing in financial derivatives offers great opportunities for diversification and profit, but it is very important to choose a safe and reliable broker. Online brokers allow you to invest with confidence and provide the speed and convenience of investing from your mobile phone or computer.
Having an account with an online broker means you can trade in a wide variety of markets. Trading or exploiting means predicting the price of an asset without owning it.
For working with indices, currencies, commodities, stocks, etc. you can follow these steps:
- Open an account trade or Open MyIG in your account.
- Find an asset that you would like to trade.
- Select “long (call)” or “short (put)” depending on your directional hypothesis.
- Determine your knockout level if you invest in your account barrier options For manage your risk (the closer the knockout is, the more leverage you can get).
- If necessary, change the order type and adjust the quantity.
- Open, track and close your position
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