In this week’s Trade of the Week, IG market analyst Axel Rudolph FSTA looks to go short the DAX with a stop-loss at 12,950 and a downside target at 11,400. He also looks at last week’s trade, which was long the Volatility Index.
Charting the Markets: 26 September
FTSE 100, DAX and S&P 500 hold their ground in early trading. GBP/USD at 37-year lows, EUR/GBP at 2-year highs and EUR/USD at fresh 20-year lows. And gold, Brent crude and lumber head lower as recessionary fears lift the dollar.
This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
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