CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
empty
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

24.11.202106:12 Forex Analysis & Reviews: Long and short positions on US stock market, November 24

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Long positions on AIG shares are hedged by the sale of Johnson & Johnson.

Purchase of American International Group's shares (#AIG). US Insurance and Finance Corporation.

Exchange Rates 24.11.2021 analysis

On the weekly chart, the signal line of the Marlin oscillator returned to the positive zone after a short-term (false) breakout into the negative trend zone. The upward target is the level of 64.28, the high of November 2015.

Exchange Rates 24.11.2021 analysis

On the daily chart, the price went above the Kruzenshtern line and above the indicator balance line (the red line), the Marlin oscillator penetrated into the zone of positive values. These are signs of further growth.

Sale of Johnson & Johnson's shares (#JNJ). US healthcare conglomerate.

Exchange Rates 24.11.2021 analysis

On the weekly scale chart, shares are dropping sharply after the reversal from the Kruzenshtern line (arrow). The Marlin oscillator is decreasing. It may hit the bottom. The bearish target level is located at 151.60, a low of February 2021 and a high of July 2020.

Exchange Rates 24.11.2021 analysis

On the daily chart, the price went down drastically after a short breakout of the price above the Kruzenshtern indicator line, fixing below the balance indicator line. The Marlin oscillator has penetrated into the negative zone. So, the price is likely to drop further.

Laurie Bailey
Analytical expert of InstaForex
© 2007-2025

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.
Widget callback

Turn "Do Not Track" off

 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.