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Trading

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  • vs IC Markets
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  • MetaTrader 5
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LHFX consists of the following entities:

LHFX is a trading name of Longhorn Ltd, a Mauritius company authorized and regulated by the Financial Services Commission Mauritius under the Investment Dealer license number GB23202204, Code SEC-2.1B Office Address: Suite 102, 1st Floor, Sterling Tower, 14 Poudriere Street, Port-Louis, Mauritius. GBC Number C200455

LHFX SA (PTY) Ltd is an authorised Financial Service Provider ("FSP") registered and regulated by the Financial Sector Conduct Authority ("FSCA") of South Africa under license number 52816. Registered address: 1 Hood Avenue Rosebank Johannesburg Gauteng 2196

Longhorn Ltd does not offer Fiat exchange services nor Cryptocurrency exchange services.

The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity in any jurisdiction where such activity would be contrary to local law or regulation.

LHFX does not provide services to citizens and residents of the United States or any country where such distribution or use would be contrary to local law or regulation.

RISK WARNING

Margin trading in foreign currency, virtual assets or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.

CFDs are complex instruments and carry a high risk of losing money due to leverage. Consider whether you understand how CFDs work and whether you can afford the high risk of losing money.

Tax may be payable on any profits and you should seek independent advice on your taxation position.

Terms and Conditions|Privacy Policy|AML & CFT Policy|Risk Disclosure|Client Agreement|Order Execution Policy|Conflict of Interest|KYC Policy
© 2026 LHFX. All rights reserved.

Table of Contents

    • Where SPX500 closed the week
    • What moved price
    • The week ahead
    • Positioning
    • Levels to watch

SPX500 weekly recap: index fades from 7523 highs, week of 2026-07-20

LHFX
Jul 24, 20263 min read
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GER30 weekly: index adds 232 points to 25648.7, 2026-09-14

GER30 closed the week of 14 September 2026 at 25648.7, up 232.3 points from the 25416.4 open, with positioning still 61.7% long.

Where SPX500 closed the week

The SPX500 opened the week at 7462.8 and closed at 7400.7. That is a net loss of about 62 points, or roughly 0.83 percent. The week's high of 7523.7 printed on Wednesday, and the low of 7373.1 came Thursday. Price finished the week near the bottom of its range, closing below the round 7400 area handle by a fraction.

What moved price

The bundle carries no scheduled economic events or headlines for the closing week, so the story sits in the price action itself. Monday opened firm but faded to close red at 7445.7. Tuesday reversed with a strong session up to 7503.8. The rally stalled Wednesday at 7523.7 before closing lower at 7491.5.

Thursday broke the pattern. Price opened at 7491.5, held near the highs, then dropped hard to 7373.1 before recovering to close at 7410.7. That single session covered more than 137 points of range and set the tone. Friday saw thin volume of 51651 against Thursday's 176342, and the index drifted lower to close at 7400.7. The shift from buyers in the first half to sellers in the back half defined the week.

The week ahead

The bundle lists no scheduled high-impact events for the upcoming week. With no calendar catalysts confirmed, watch how price behaves around the levels the closing week left behind. A quiet calendar can leave technical structure in control, so a clean break of Thursday's low or a reclaim of the midweek highs carries more weight when there is no data to overwrite it. If broader index risk turns, watch how the Nasdaq 100 trades alongside SPX500, since the two often move in step during risk-driven sessions.

Positioning

LHFX client positioning shows 58.4 percent long against 41.6 percent short as of 2026-07-24. That is a long skew into a week that closed lower. When the crowd leans long while price fades from its highs, it tells you consensus is still betting on a bounce. If price keeps sliding, that long book can turn into forced selling, which adds downside pressure.

Levels to watch

The 7373.1 Thursday low is the first line in the sand. If price closes below it, the next reference is open space beneath the week's range. On the upside, 7400 is the immediate round-number pivot, and reclaiming 7491.5 from Wednesday's close would put the 7523.7 high back in play. If price rejects at 7400 and rolls over, the Thursday low is the obvious target for sellers. You can track these levels live on your LHFX platform and set alerts before the next session opens at a live LHFX account.


Byline: LHFX Research

Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa.