The beginning of the week will continue to have the same focus as a few days ago, the development of the banking sector after a few days with turmoil. Excited in Deutsche Bank (DBK) CDS alarm bells went off on Friday, with the possibility of downward pressure on Monday, while the European Central Bank (ECB) warned “it is ready to act if necessary.”
Likewise, the president of the Minneapolis Fed, Neel Kashkari, said that “the problems of the last weeks in the financial sector will bring us closer to the recession, due to the credit crash that slows down the economy”, adding that “it is too soon to know what decision the members of the FOMC will take in May.”
In Europe, we are witnessing a possible rebound in the main indices after the turbulent days, in a session without major macroeconomic indicators, although we will see the confidence index in Germany in the Ifo Business, while growth continues to be key in February. a pain in the ass
In Spain, the Ibex 35 (+1.50%) closed the week slightly below the support of 8,800 points, after several hectic days due to the instability of the banking sector, which is the main Spanish index. Today, Monday, it is likely that we will see a rebound above that level, with some relief for the Spanish banks, but we will see how the week after Deutsche Bank arises in serious trouble. Support for Ibex at 8,800 points and resistance at 9,000 points.
Inside the selective Spanish bank, the Spanish will again be the protagonists at the beginning of the week and after going down to the main levels, such as the Banker, whose activity is located at the end of 5 coins per share, at the level of the last September. of 2012 after leaving more than 25% of the largest zone.
Indra Sistemas saved the week after maintaining reserves in 11 European coins, boosting it by more than 6.50% to have 12 coins per share on the sidelines, seeking to close the unprepared gap of March 7. Therefore, we will see if the demand value “pulls” to the maximum annual value.
Endesa was able to gain more than 2% during the past week, paying the maximum of the year, although it was not able to consolidate at the moment of the said break (19.29 euros), but it retreats from the support of 18 coins.
Inditex starts the week in a similar way towards the end of Friday, winning 29 European coins with its sights set on the participants again, looking for a way out of hiding in recent months. So if it consolidates at 29.50 coins, it has a free hand to extend to 32.50 coins, the maximum for 2021.
Finally, today we will have macroeconomic data, among which we highlight:
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How to take advantage of the opportunities in this market? An operational example.
To illustrate a trading example, let’s use Ibex 35. In IG, we could trade this market with CFDs, ticker, vanilla options, Turbo24 and Multis. We choose it as an example because it is a product listed on a fixed stock exchange, which allows us to adapt to the pressure of our operations, the risk is limited to the initial deposit and with unlimited profit.
Let’s take a long position in Ibex 35, with an initial deposit of €1,000. If we choose Multi of x3, that means that you will generate a profit or loss corresponding to the deposit of 1,000,000 coins in the list. Before the end of the trading day, the Ibex 35 is increased by 3% compared to the price of the previous day’s closing, so your daily income of Multi-weight is referred to 3% 5000. Here you trade out, so the profit is 150 coins.
Now let’s imagine, on the other hand, that the Multi short x3, when trading against you, had returned you, so that your daily Multi performance would be -5%. When the operation goes out, you have suffered a loss of -150 coins.