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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Click here to read full risk warning

Valutrades Market Blast Technicals 24 September 2019

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US100 – Rallies Hard Off Support at 6300

on April 5, 2018 | By Stuart McPhee | US100

 

 
In the last few weeks we have seen the US100 index decline from multi-year highs as it has recently approached two month lows around support at 6300. In the last 24 hours it has rallied strongly and bounced back off support around 6300. After its drop of more than 700 points in early February, the index has rallied higher and regain the losses and some as it moved through to the new highs approaching 7200.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Click here to read full risk warning.
 
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