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.
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.
Octa trading broker
Open trading account
Back

S&P500 Price Analysis: Index recovers to 3300 resistance, Wall Street risk-on

  • The S&P500 is up strongly this Tuesday as the risk-on mood is dominating the market.
  • The level to beat for bulls is the 3300 resistance.
 

S&P500 daily chart

 
The S&P500 Index is trading in a bull trend above the main daily simple moving averages (SMAs). After about a week of consolidation, the market is regaining steam and challenging the 3300 resistance. Since the buyers have gathered so much momentum, a break beyond the above-mentioned resistance can yield to a retest of the all-time high near 3338.50 level. Support is seen near the 3250 and 3210 levels.
 

Additional key levels

 

SNB's Jordan: Franc is highly valued, SNB has scope to cut rates further

The coronavirus has been a factor in Swiss franc's recent appreciation and the currency remains highly valued, Swiss National Bank Chairman Thomas Jor
Read more Previous

BCB to trim the pace of easing to 25bps at February meeting – TD Securities

Previewing the Central Bank of Brazil's BCB) monetary policy meeting, "we expect the BCB to trim the pace of easing to 25bps at the February meeting,
Read more Next