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CFDs and forex spot transactions are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor lose money when trading CFDs and/or forex spot with this provider. 0.42% of retail clients trading in leveraged products experience a negative account balance after a stop out occurred.
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CFDs and forex spot transactions are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor lose money when trading CFDs and/or forex spot with this provider. 0.42% of retail clients trading in leveraged products experience a negative account balance after a stop out occurred. You should consider whether you understand how CFDs, forex spot transactions or any of our other products work and whether you can afford to take high risk of losing your money.
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Technical Update - S&P500 and Nasdaq 100 Technical Update - S&P500 and Nasdaq 100 Technical Update - S&P500 and Nasdaq 100

Technical Update - S&P500 and Nasdaq 100

Equities 2 minutes to read
KCL
Kim Cramer Larsson

Technical Analyst, Saxo Bank

S&P 500 below 100 SMA but still above support at 4,475. Key support is at 4,400. Key resistance at 4,591

Source: Saxo Group

Nasdaq 100 closed Friday below key support 14,342. Minor support at 0.618 Fibo retracement at 13, 868. February lows around 13K likely to be tested.
If Buyers manage to close gap from 6th April resistance at 15,165 likely to be tested

Source: Saxo Group

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