Thank you JamesIG for your explanation of how IG determine their price charts.
"This means there will always be a discrepancy with the highly publicized index price" ...
Yes that is also noted but your company "interpretation" has the low 9 days before the other outlets. However you want to spin (explain) it. That makes it incredibly difficult to ascertain what a real low is.....is it the one you show or the one the others show? It also, at least to me, appears that best practise would be served if the resulting price chart reflects the index it purports to follow/promote.
EWT users ( I follow a US analyst) will know the frustration. His DOW chart shows a different low....and therefore a different count.
Tongue in cheek.....so when was the recent low in the past two weeks?
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