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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Indices make headway after volatile start to the week

After a choppy start to the week, indices have made headway, pushing higher in early trading.

Source: Bloomberg

FTSE 100

Two dips into the 7000 area found buyers, and now the FTSE 100 is rebounding towards yesterday’s peak at 7160.

If it can clear this then a more bullish view may yet emerge, bringing the 7310 peak from 25 November into view once more.

Alternately a fresh decline looks to test 7000 once again.

Source: ProRealTime

DAX

The index faces steep obstacles in the form of short-term trendline resistance from Monday’s peak, and then one closer to 15,600, as it confronts trendline resistance from the November high, should it even get that far.

A resumption of the downward move from 15,280 would bring 15,000 back into view.

Source: ProRealTime

S&P 500

The price has rallied once again from 4560, but now faces the lower high at 4670, and then at 4690, where trendline resistance comes into play.

The consolidation phase may yet run for a while, but a more bearish view would require a close below the lows of the past week at 4560.

Source: ProRealTime

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Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

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