empty
18.10.2021 07:24 AM
BUY and SELL in stock markets on October 18, 2021

Buying United Parcel Service shares is hedged by selling International Paper.

Buying shares of United Parcel Service (#UPS), an American logistic company.

This image is no longer relevant

On the weekly chart, the price was above the Krusenstern line. The signal line of the Marlin oscillator reversed upward. A strong bullish impulse was generated.

This image is no longer relevant

On the daily chart, the price consolidated above the balance line and the Krusenstern line. The Marlin oscillator returned to the positive zone. The targets are seen at the Fibonacci levels of 61.8% (203.50) and 76.4% (209.50).

Selling shares of International Paper (#IP), an American pulp and paper company.

This image is no longer relevant

On the weekly chart, the price consolidated below the Krusenstern line and re-tested it with the upper shadow of the latest candlestick. This indicates a rapid fall in price. The first target is seen at 48.70.

This image is no longer relevant

On the daily chart, the Marlin oscillator reversed downward. The price is rapidly falling and is expected to remain bearish.

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US market rallies on jobs data

S&P 500 Overview for June 9 US market rallies on nonfarm payrolls data Major US indices on Friday: Dow +1%, NASDAQ +1.2%, S&P 500 +1%, S&P 500: 6,000, trading range

Jozef Kovach 13:51 2025-06-10 UTC+2

Stock Market Overview on May 9: S&P 500 and NASDAQ post sharp gains

US equity benchmarks ended the previous regular session with a pronounced surge. The S&P 500 gained 1.03%, while the Nasdaq 100 jumped 1.20%. The industrial Dow Jones added 1.05%. Asian

Jakub Novak 13:29 2025-06-10 UTC+2

Week before Fed's decision: how indices may react if inflation derails scenario

The US market is showing resilience and growing amid uncertainty. Optimism is fragile, and each new macroeconomic data release is like a roll of the dice. Further growth

Anna Zotova 13:21 2025-06-10 UTC+2

Stock Market as of May 10th: S&P 500 and NASDAQ

At the close of the previous regular session, U.S. stock indices showed strong gains. The S&P 500 rose by 0.09%, and the Nasdaq 100 jumped by 0.31%. The industrial

Jakub Novak 09:50 2025-06-10 UTC+2

S&P 500 Forecast for June 10, 2025

On the weekly chart, the price has broken above the MACD line today, and the week opened above the intermediate level of 5998. The Marlin oscillator is showing a confident

Laurie Bailey 04:46 2025-06-10 UTC+2

Update on US stock market on June 5

S&P500 The US stock market comes to a halt ahead of the US nonfarm payrolls Snapshot of major US indices on Wednesday: Dow -0.2%, NASDAQ +0.3%, S&P 500 flat

Jozef Kovach 12:49 2025-06-05 UTC+2

Stock Market on May 5th: S&P 500 and NASDAQ Slowed Down Growth

At the end of the last regular session, U.S. stock indices closed with modest gains. The S&P 500 rose by 0.01%, and the Nasdaq 100 added 0.32%. The Dow Jones

Jakub Novak 10:40 2025-06-05 UTC+2

Update on US stock market on June 4

S&P500 The US stock market is extending its growth Snapshot of major US stock indexes on Tuesday: Dow +0.5%, NASDAQ +0.8%, S&P 500 +0.6%, S&P 500 at 5,970

Jozef Kovach 10:19 2025-06-04 UTC+2

Stock Market on June 4: S&P 500 and NASDAQ Showed Strong Daily Growth

At the end of the last regular session, U.S. stock indices closed higher. The S&P 500 rose by 0.58%, while the Nasdaq 100 gained 0.81%. The industrial Dow Jones strengthened

Jakub Novak 09:34 2025-06-04 UTC+2

Update on US stock market on June 03

S&P500 Snapshot of major US stock indices on Monday: Dow +0.1%, NASDAQ +0.7%, S&P 500 +0.4%, S&P 500 at 5,936, within the range of 5,400 to 6,200 The stock market

Jozef Kovach 11:41 2025-06-03 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

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 InstaFintech Group 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.