Read more
7:44 AM · 20 April 2022

Chart of the day - US100 (20.04.2022)

-
-
Open account Download free app

Netflix reported a drop in overall subscriber number for the first time in over a decade. Company's share price plunged over 20% in the after-hours trading, hitting a sentiment towards the whole tech sector. Nasdaq-100 (US100) pulled back around 1% after the close of the Wall Street session but managed to regain part of the lost ground already. However, taking a look at the US100 chart at daily interval, we can see that a potential major bullish pattern is building up. The index managed to defend the support zone ranging around 23.6% retracement of downward impulse launched in November 2021 (13,850 pts area). As a result, the right shoulder of an inverted head and shoulders pattern may have been painted. In case, the ongoing recovery move extends, the attention will shift to the neckline of the pattern, marked with 61.8% retracement in the 15,300 pts area. Breaking above could hint at acceleration of the upward move and a potential rally towards a textbook range of the breakout from this pattern - 17,550 pts. Traders should keep in mind that Tesla earnings (to be released today after close of the Wall Street session) may also have a big impact on the overall tech sector and US100.

Source: xStation5

12 January 2026, 6:41 PM

Daily Summary: Conflict with the Fed Does Not Stop Wall Street📈

12 January 2026, 3:38 PM

US Open: Powell in Trouble, Wall Street in the Red

9 January 2026, 6:59 PM

Daily summary: Markets recover optimism at the end of the week

9 January 2026, 5:53 PM

Three Markets to Watch Next Week (09.01.2026)

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits