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14:25 · 30 July 2018

US100 down on Monday ahead of a bumpy week

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US100 is down 0.9% today following a tough trading session on Friday as investor are increasingly concerned about the outlook for technological stocks. Let us recall that some techs have disappointed during this earnings season (Netflix, Twitter, Facebook) and markets are nervous ahead of reports from Apple (Tuesday) and Tesla (Wednesday). US100 was at the all-time high as recently as last Wednesday (at 7528 points) but is now testing a support at 7200 points. Trader can go long US100 if they believe the tech index CFD recovers or short if they see more declines.

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