CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

US index basket

Special Reports - 01/12/2023

01 December, 2023

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

US index basket weekly special report based On 1.00 Lot Calculation:

EVENT: BLACK FRIDAY, November 24, 2023, record breaking sales. Adobe analytics report that Black Friday sales were at its record high. On Black Friday consumers spent 9.8 billion dollars, 7.5% increase from a year ago.
● EVENT: CYBER MONDAY, November 27, 2023, record breaking. Adobe analytics reported that on Cyber Monday consumers spent 12.4 billion dollars, a 9.6% increase from 2022.

EVENT: HOLIDAY SEASON IN THE US. Holiday season in the US starts on Thanksgiving and lasts until the end of the year. In that period, Christians celebrated Christmas, Jews celebrated Hanukkah. During that time, customers buy gifts for their family members, hence, shopping is significantly increased.

MARKET SENTIMENT FROM THE MIDDLE OF OCTOBER TILL THE END OF THE DECEMBER: Historically, the period from the middle of October till the end of December proves to be positive for US stock market indexes. In period from 2019 until 2023, on average, between October and December price on US 500, US 100 and US 30 rose 14,60%, 16,88% and 14,13% respectively.

https://lh7-us.googleusercontent.com/hn1vvmPmownW9rcrcGN72hSe8aEw5KPLJtPny9dsZ255fQd9zIld4Lm-eyNfUg8KNLyuudtE98jyh9mfZWldVCKVvAlqRkdvrsQU6MPGV90x6qKvOl-dd78Hp47t_I9Dgdp311MYPinOgG-WaaH4-g

(Source: MT4)

Please note that past performance does not guarantee future results.

#USA500, December 1, 2023
Current Price:4,585.00

USA500

Weekly

Trend direction

UP

Resistance 3

5,000.00

Resistance 2

4,900.00

Resistance 1

4,750.00

Support 1

4,450.00

Support 2

4,300.00

Support 3

4,200.00

Example of calculation base on weekly trend direction for 1.00 Lot1

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

4,150.00

3,150.00

1,650.00

-1,350.00

-2,850.00

-3,850.00

Profit or loss in €²

3,882.60

2,947.04

1,543.69

-1,263.02

-2,666.37

-3,601.93

Profit or loss in £²

3,372.12

2,559.56

1,340.72

-1,096.95

-2,315.79

-3,128.35

Profit or loss in C$²

5,704.22

4,329.71

2,267.94

-1,855.59

-3,917.35

-5,291.86

1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 09:33 (GMT+1) 01/12/2023
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient Manager regarding their use.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one
  • Trailing stop technique can protect the profit – Ask your Senior Account ManagerClient Manager for more details

#USA100, December 1, 2023
Current Price: 15,996.00

USA100

Weekly

Trend direction

UP

Resistance 3

16,800.00

Resistance 2

16,500.00

Resistance 1

16,200.00

Support 1

15,800.00

Support 2

15,500.00

Support 3

15,200.00

Example of calculation base on weekly trend direction for 1.00 Lot1

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

8,040.00

5,040.00

2,040.00

-1,960.00

-4,960.00

-7,960.00

Profit or loss in €²

7,521.96

4,715.26

1,908.56

-1,833.71

-4,640.41

-7,447.12

Profit or loss in £²

6,532.97

4,095.30

1,657.62

-1,592.62

-4,030.29

-6,467.97

Profit or loss in C$²

11,051.06

6,927.53

2,804.00

-2,694.04

-6,817.57

-10,941.10

1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 09:33 (GMT+1) 1/12/2023
Fortrade recommends the use of Stop-Loss and , please speak to your Senior Account ManagerClient Manager regarding their use.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one
  • Trailing stop technique can protect the profit – Ask your Senior Account ManagerClient Manager for more details

#USA30, December 1, 2023
Current Price:36,090.00

USA30

Weekly

Trend direction

UP

Resistance 3

36,800.00

Resistance 2

36,500.00

Resistance 1

36,300.00

Support 1

35,900.00

Support 2

35,700.00

Support 3

35,500.00

Example of calculation base on weekly trend direction for 1.00 Lot1

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

7,100.00

4,100.00

2,100.00

-1,900.00

-3,900.00

-5,900.00

Profit or loss in €²

6,642.53

3,835.83

1,964.69

-1,777.58

-3,648.71

-5,519.85

Profit or loss in £²

5,769.17

3,331.49

1,706.37

-1,543.86

-3,168.98

-4,794.10

Profit or loss in C$²

9,759.02

5,635.49

2,886.47

-2,611.57

-5,360.59

-8,109.61

1. 1.00 lot is equivalent of 10 units
2. Calculations for exchange rate used as of 09:42 (GMT+1) 1/12/2023
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Senior Account ManagerClient Manager regarding their use.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one
  • Trailing stop technique can protect the profit – Ask your Senior Account ManagerClient Manager for more details

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