Trading Signal: WIG20 at long term upsloping support.Bounce up from support line:
Entry Point: Consider entering a long (buy) position in WIG20 once the price confirms uptrend continuation by rising from support marked on a chart. Recommended entry at 2025.00.
Stop Loss: Place a stop-loss order at 2000.00.
Take Profit Target: Set the first target p
WIG20, Daily, 1-Hour H&S and Weekly Bearish CandleThere was a big rally on the WSE recently - 16 green Heikin Ashi candles in a row. Now it's time for a continuation of the downtrend or, less likely, a correction in the new bullish trend.
Why? There is:
- an important supply-resistance level
- a supply zone
- 1-hour confirmation - Head and Shoulder
WIG20The reading, preliminary, of CPI inflation for July did not bring much surprise. The dynamics amounted to 15.5% y/y equaling the June reading. A large part of the market assumed that a month ago we observed a peak in dynamics, meanwhile we received a flattening. From the MPC's perspective, this does
Korekta na wig20EN: It seems to me that after a few days of gains it is time for WIG20 to fall. It doesn't have some big confirmation, that's a gap and a pinbar. How do you think?
PL: Wydaje mi sie, ze po kilku dniach wzrostów nadszedł czas na spadki na WIG20. Nie ma to jakiegoś dużego potwierdzenia, ot luka i pin
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current value of WIG20 Index is 2,643.52 PLN — it has risen by 1.06% in the past 24 hours. Track the index more closely on the WIG20 Index chart.
WIG20 Index reached its highest quote on Oct 29, 2007 — 3,940.53 PLN. See more data on the WIG20 Index chart.
The lowest ever quote of WIG20 Index is 577.90 PLN. It was reached on Mar 28, 1995. See more data on the WIG20 Index chart.
WIG20 Index value has increased by 4.00% in the past week, since last month it has shown a −5.35% decrease, and over the year it's increased by 10.12%. Keep track of all changes on the WIG20 Index chart.
The champion of WIG20 Index is GPW:CCC — it's gained 184.44% over the year.
The weakest component of WIG20 Index is GPW:KGH — it's lost −17.28% over the year.
WIG20 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy WIG20 Index futures or funds or invest in its components.
The WIG20 Index is comprised of 20 instruments including GPW:PKO, GPW:PKN, GPW:SPL and others. See the full list of WIG20 Index components to find more opportunities.