Daily Technical Report 9-9-2024

Technical Analysis

By Shady Fouad On Sep 9, 2024

DOW JONES

The Dow Jones Index is trading below the resistance zone at $40,725, and it is likely to continue the corrective upward movement targeting the mentioned resistance zone. This scenario is invalidated by a break below the minor support zone at $40,250 in today’s trading.

Support	40000	39630	39250
Resistance	40725	41225	41650

NASDAQ

The Nasdaq Index declined in previous trading sessions, reaching the support zone around $18,350, which is likely to limit the pace of the decline in today’s trading.

Support	18350	17750	17350
Resistance	18680	18835	19100

You can now benefit from LDN company’s services through the LDN Global Markets trading platform

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

JPMorgan Downgrades China Stocks on “Challenging Outlook”

Daily Technical Report 10-9-2024

1 Comment

gsa verified list says 1 month ago

What a information of un-ambiguity and preserveness of valuable knowledge regarding unpredicted feelings.!

Reply

[email protected]

REACH OUT TO US

Privacy Policy | AML Policy | Terms & Conditions | Security Of Funds | Risk Disclosure

Licensing and Regulation: LDN GLOBAL MARKETS LLC is an officially licensed broker holding an International Brokerage License in Saint Vincent and the Grenadines, numbered 1547 LLC. The registered address is Richmond Hill Rd, Kingstown, St. Vincent and the Grenadines, VC0100. Additionally, LDN GLOBAL MARKETS LLC is registered with license number T2023240 on Bonovo Road in Fomboni, Island of Mohéli, Comoros Union.

Licensing and Regulation: LDN GLOBAL MARKETS LLC is a fully licensed broker holding an International Brokerage License in Saint Vincent and the Grenadines, numbered 1547 LLC. The registered address is Richmond Hill Rd, Kingstown, St. Vincent and the Grenadines, VC0100.

Other entity within the group: LDNGM FINTECH SERVICES LTD (registration No. HE 432187, registered at Spyrou Kyprianou & Ayias Fylaxeos 182, Kofteros Business Center, Floor 2, Flat 201, 3083) provide content and perform operational management of the business.

Risk Warning : Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading in contracts for the difference carries a high level of risk, as trading on margin can be to your advantage or disadvantage. As a result, CFDs may not be suitable for all investors as you may lose all your invested capital. You should not risk more than you can lose. Please ensure that you fully understand the risks involved in this trade, and seek independent advice if necessary before entering into such transactions. Please read the risk disclosure statement on this website

LDN GLOBAL MARKETS is committed to the highest standards of the Anti-Money Laundering (AML) compliance and Counter-Terrorism Financing (CTF). To help the governments first and the financial services industry fight the funding of terrorism and money laundering activities, law requires all financial institutions to obtain, verify, and record information that identifies each person opening an account. Since LDN Global Markets is not under the supervision of ESMA, it is not involved with any acts considered to be offering financial products and solicitation for financial services to the European Union countries and this website is not aimed at residents in the European Union countries.
Restricted Regions : LDN Global Markets does not provide its services to citizens and residents of certain jurisdictions such as United States of America, United Kingdom, Canada, Japan, EU countries, Iran, Israel and North Korea.