Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
4 Sep 2018

S&P500 Technical Analysis: Topish and bullish

  • Bulls are keeping the S&500 Index near its all-time-high.
  • The market is in a rising wedge and it broke above the bullish trendline suggesting that it is going too far too fast. However, there is no sign of exhaustion and the only way is up for now. 
  • Targets are likely located near 2,917.00 (August 21-22 bear leg 261% Fib. extension) and 2,930.00 figure. 

S&P500 daily chart

Spot rate:                  2,899.00
Relative change:       -0.29%     
High:                         2,911.75
Low:                          2,885.50

Main trend:               Bullish


Resistance 1:           2,917.00, August 21-22 bear leg 261% Fib. extension 
Resistance 2:           2,930.00 figure
Resistance 3:           2,950.00 figure

Support 1:           2,900.00 figure
Support 3:           2,877.00 January swing high
Support 4:           2,863.75 August 7 high
Support 5:           2,853.00 August 9 low

Sep 4, 2018

ISM manufacturing index big beat and GDP tracking update - Nomura

Analysts at Nomura explained that the ISM manufacturing index rose to 61.3 in August, above expectations (Nomura: 57.5, Consensus: 57.6), from 58.1 in
Read more Previous
Sep 4, 2018

Asia open: dollar strong, ZAR fuelled contagion risk angst; BoC next in focus - TDS

Analysts at TD Securities offered a review of markets as we enter Asia and noted that the USD continued to rally as major EM currencies came under pre
Read more Next