Jump to content
The Twitter Feeds are now back on the Platform ×

Dow Index


Guest MrJake

Recommended Posts

Guest MrJake

Well this is my first real post and it turns out to be a request

 

I use the spreadbetting part of IG for indices, in particular Wall Street

 

Previously, IG would include the Dow in their "Levels to Watch" article each day, this has now been replaced with the S&P 500.

 

How can I encourage IG to comment on this index again?

 

 

Link to comment

Hi Mr Jakes,

 

There is a suggestions section on the main community page where you can communicate directly with IG people and the rest of the users.

 

Also there is an active US markets thread where the Dow is discussed regularly.  As an FYI, we had a discussion on the merits of the Dow vs the S&P500 in which people seemed to prefer the S&P because it is the biggest market and much more diverse than the DOW (30 large caps only).  See also a Thread on the Russell 2000 small cap market as a trend setter.

 

When you explore the community threads and actively participate in the discussions I think you will get a lot of benefit on your chosen markets.  If no one is talking about something you are interested in then start and thread and see if it generates any interest,

 

Good luck and welcome,

 

Mercury

Link to comment
Guest MrJake

Hi Mercury

 

Thanks for such a prompt response

 

I did see the suggestions section, however I thought that was more for amendments to the trading platform than the various education and tips articles

 

With regard to the US Markets thread I will wander over there and have a look.

 

Thanks for all your help

 

Regards

 

MrJake 

Link to comment
Guest oilfxpro

This fall below major resistance  may trigger a further fall

 

You need just support resistance indicators  , to watch these levels

Link to comment
Guest MrJake

Hi oilfxpro

 

Thanks for the heads up

 

This drop has earned me a few pounds and I am looking for a further drop

 

I am learning more about alerts and the variuos tools available to us and I hope to take advantage of those when I know more

 

Thanks again

 

MrJake

Link to comment
Guest oilfxpro

You can draw your own levels on pro real time

 

If you use mt4  , you can have these tools made   for around   $500

 

The ready made ones   are not good  

 

My own set of custom tools  cost   $5,000     (It saves 1 hours daily and energy   or  250 hours a year)

 

or get some free ones  on the net  for mt4

 

http://www.fxfisherman.com/forums/forex-metatrader/trading-systems/16490-lazy-crocodile-goon-template-indicators.html#post113073

 

The free ones are ok  , but  you need more accurate  and reliable  tools   for drawings

Link to comment
  • 7 months later...



 

This is showing the dow is in bullish mode. Will try and post a chart when this changes to bearish. This helps in getting an idea of where the index is heading generally.

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      21,686
    • Total Posts
      92,041
    • Total Members
      41,969
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    goldiebear
    Joined 31/03/23 08:55
  • Posts

    • Gold and coffee prices steady, while oil prices edge lower Gold and coffee have managed to hold on to most of their recent gains, while oil is down slightly after a strong run higher from the March lows. Source: Bloomberg  Chris Beauchamp | Chief Market Analyst, London | Publication date: Friday 31 March 2023  Gold clings on near recent highs The price continues to see plenty of volatility, but remains near recent highs. Consolidation has been the pattern over the past two weeks, with no desire yet to move above $2000, but with buyers remaining in control and preventing any significant downside for the time being. Overall it looks like this will resolve into a fresh move higher towards $2050, and it would need a move back below $1900 to put a more serious dent in the bullish view. Source: ProRealTime WTI returns to $74 Crude prices continue to surge, with WTI now closing in on the 50-day simple moving average (SMA) again. The impressive bounce from the March lows shows no sign of stopping yet, though the downtrend of the past seven months is still intact. Any turn lower from below $80 would still constitute a lower high and leave the overall bearish view intact. This would then suggest a fresh move to $65 is a possibility, as the downtrend reasserts itself. Source: ProRealTime Coffee back to February highs After rallying from the March lows the price looks to be preparing to push above the February highs. Above 2200, the price will then target the August highs around 2280/2300, having traded in a wide range from 2030 to 2200 since the beginning of the year. Source: ProRealTime
    • With markets expecting a 25-basis point rise in Australian rates, Richard Snow, from Daily FX, looks at the risk around the announcement that rates could stay on hold. He looks at a trade for AUD/USD.   Jeremy Naylor | Analyst, London | Publication date: Friday 31 March 2023
    • FTSE 100, DAX 40 and Nasdaq 100 surge higher on positive outlook Outlook on FTSE 100, DAX 40 and Nasdaq 100 as the US regulator intends to tighten up on regulations for mid-sized banks and ramp up stress tests. Source: Bloomberg  Axel Rudolph FSTA | Senior Financial Analyst, London | Publication date: Friday 31 March 2023  FTSE 100 nears 7,708 to 7,724 resistance zone The FTSE 100 rally from last Friday’s 7,331 low has now taken it above its 22 March high on a daily chart closing basis as the UK technically avoided a recession since final fourth quarter Gross Domestic Product (GDP) came in stronger than expected at 0.1%. This and the fact that the index is on track for two consecutive quarterly gains, a pattern not seen in any bear market over the past 50 years, points towards further upside being seen and the advance since October likely being a new bull market and not a bear market rally. The 7,708 to 7,724 mid-January and early February lows represent the next upside target and need to be overcome on a daily chart closing basis for the February-to-March downtrend line at 7,852 to be reached next. Slips should find support around the 7,587 22 March high and along the one-month support line at 7,491. Source: ProRealTime DAX 40 trades within 1% of this year’s high The DAX 40 has seen two strong consecutive daily rises over the past couple of days despite German preliminary CPI coming in slightly above expectations on a year-on-year basis at 7.4% in March and despite German retail sales unexpectedly falling by 1.3% month-on-month in February versus an estimate of a 0.5% rise and following a 0.3% drop in February. The index is thus fast approaching its February and March highs at 15,656 to 15,709, a rise above which would target the November 2021 and January 2022 highs at 16,288 and 16,298. Support can be found around the 15,304 22 March high and along the 55-day simple moving average (SMA) at 15,290. Now that two consecutive daily chart closes above the 15,304 level have occurred, the resumption of the October-to-March medium-term uptrend seems to have been confirmed. Source: ProRealTime Nasdaq 100 is trading at levels last seen in October 2022 The fact that the Nasdaq 100 managed to close above its previous 12,947 March peak on a daily chart closing basis on Thursday as the US government urged the country’s financial regulator to tighten up recently relaxed legislation in regards to mid-sized banks and undertake more rigorous stress testing of these, is a blessing for the bulls. The August 2022 high at 13,206 represents the next upside target, ahead of the 13,722 peak. Support comes in at previous resistance, namely at the February-to-March highs seen between 12,947 and 12,896 as well as along the March uptrend line at 12,748. Source: ProRealTime
×
×
  • Create New...