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  1. New to IG Community

    New to the Community and don't know where to start? Read our Community guidelines, introduce yourself in your first post, and get your first Community Badge.
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  2. New Client Trading Questions

    If you have any questions about placing your first trade in a Live or Demo account, ask here. Talk about strategy, market movers and risk management.
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  • Our picks

    • Something Interesting
      "USDCNH is flying up to key resistance could mean Govt interventions coming or are they going to let it go through 70000?"
      • 4 replies
    • Customise Stochastic and KDJ indicators on charts
      On the back of recent client feedback you can now customise the Stochastic and KDJ indicator levels on IG charts.
      • 0 replies
    • Stock markets continue to recover: APAC brief 17 May
      Stock markets continue to recover: Global stocks have maintained their bounce. It’s looking more like a market that is searching for it’s next high now, as price action, from a technical perspective, suggests the recent wave-lower is over. Hence, from here, considering trade-war risks, and therefore anxiety in the market, remains high, the matter becomes whether stock indices are preparing to pop in a new higher-high, or whether what we will see is a new lower-high. The result of that simple binary will inform market participants what the broader trend is in the market: are we still trending higher, or are we seeing the start of a trend reversal?

      The litmus test to come: This commentary pertains primarily to the S&P500, which has been the bellwether for global equities, recently. But it could equally be said of the ASX200, too, which demonstrated its resilience yesterday. Just sticking to the S&P500, the price set-up offers some potentially interesting insights about the world, in the weeks to come. Another high for US stocks is another record high and a clear continuation of that market’s bull run – defying, really, what is a deteriorating global backdrop. If this fails to occur, then talk will certainly emerge whether stocks are beginning a prolonged period of weakness, in line with clearly softer fundamentals.
      • 0 replies
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