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The NASDAQ 100 rallied during the trading session on Wednesday, as the 50-day EMA looks supportive.
The S&P 500 rallied during the trading session on Wednesday, but we are still below the 3600 level, an area that has been a significant structural and psychological barrier.
Following the US election in which Democratic challenger Joe Biden was declared President-elect by media networks, global equities advanced.
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The S&P 500 has fluctuated during the course of the trading session on Tuesday, showing signs of stability again.
The NASDAQ 100 has broken down significantly during the trading session on Tuesday, reaching down towards the 50-day EMA again.
With seemingly no more than a push of a few buttons, the DAX Index has made swift gains the past week and is challenging high water marks.
The S&P 500 E-mini contract initially gapped higher to kick off the trading session on Monday, and then went into hyperdrive after Pfizer announced its coronavirus vaccine with over 90% efficacy.
The NASDAQ 100 initially spiked during the trading session on Monday, but after Pfizer announced that they had a coronavirus vaccine with over 90% efficacy, traders began dumping some of the biggest “work from home” stocks.
Germany continues to witness an accelerating wave of COVID-19 infections, and financial assistance measures remain exhausted.
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The NASDAQ 100 has pulled back during the trading session on Friday, only to turn around and show signs of support again.
The S&P 500 initially pulled back during the trading session on Friday, but then turned around to show signs of upward pressure.
The NASDAQ 100 has rallied again during the trading session on Thursday, crashing through the 12,000 level without too many issues.
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Sign up to get the latest market updates and free signals directly to your inbox.The stock markets rallied during the trading session on Thursday again, reaching towards the 3500 level.
While the short-term attention remains on the outcome of the 2020 US presidential election, which could take days if not weeks to determine, the second wave of the COVID-19 pandemic gathers pace across Germany, Europe as a whole, and the US.
The NASDAQ 100 has rallied significantly during the trading session on Wednesday, slicing above the 11,800 level.