Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 30/09/21 in all areas

  1. Natural gas pullback brings potential buying opportunity Natural gas has seen a rare pullback this week, but the ongoing uptrend and expectations of rising winter demand signal a potential buying opportunity. Source: Bloomberg Joshua Mahony | Senior Market Analyst, London | Publication date: Thursday 30 September 2021 Natural gas on fire over the course of 2021 Natural gas has been one of the biggest outperformers in a highly volatile commodity market, with the energy markets really gaining traction into a crucial winter period. Demand is likely to continue its uptrend going forward as temperatures drop, with the chart below highlighting how we typically see residential consumption surge over the winter period. Source: US EIA Meanwhile, that rise in demand puts pressure on supplies, with any ongoing struggles from a supply perspective likely to dial up in the coming months. Source: US EIA Pullback brings potential buying opportunity The wider chart highlights just how impressive this bull run has been, with the price of natural gas bringing us into a seven-year high. While we are obviously heavily stretched, it makes sense to expect this to continue until price tells us otherwise. Source: ProRealTime The intraday chart highlights how we have seen a sharp decline this week, providing a potential opportunity for bulls. A break below the $47.60 level would bring a more neutral/bearish outlook for the near-term. However, until that happens this latest 61.8% Fibonacci retracement provides us with a potential buying opportunity within a remarkably reliable uptrend. Source: ProRealTime
    1 point
  2. Now seems to be fixed for me.
    1 point
  3. FTSE 100, DAX, and Dow regaining ground after recent declines FTSE, DAX, and Dow show signs of a possible end to the recent bearish phase, but questions remain as resistance stays unbroken. Source: Bloomberg Joshua Mahony | Senior Market Analyst, London | Publication date: Thursday 30 September 2021 FTSE 100 rises through resistance to bring three-week high The FTSE 100 has managed to push up through the 7131 resistance level this morning, bringing about the highest level in over three-weeks. Coming off the back of a consolidation phase, there is a good chance this paves the way for another push higher as the index attempts to end the bearish phase seen throughout September. A move back below 7010 would certainly bring a more pessimistic picture back into play. Until then, there is a good chance we continue to grind higher in a bid to regain the key 7195 resistance level. Source: ProRealTime DAX attempting to regain lost ground The DAX has been on the rise since Tuesday’s lows, although the downtrend seen since mid-August remains intact. With that in mind, there is still a risk of further downside to build on recent losses. However, with price having surged from the key 15047, there is a possibility that the index bottoms out here. A break below 15227 and 15193 would certainly provide that warning sign that we are heading back into the 15047 support level. Source: ProRealTime Is Dow Jones building a base after recent losses The Dow has seen another bout of losses this week, with price falling back into the 61.8% Fibonacci support level at 34362. Much like the DAX, we are seeing a market coming off the back of a decline into the wider support level (33740 here). That signals a potential for the index to build a base and start to regain ground from here. With price turning higher once again this morning, we are starting to see the potential for a rise back towards 35064. Such a break would be required to end this recent bearish phase and signal a possible move back towards the previous highs of 35633. Source: ProRealTime
    1 point
  4. Comparison between performance and creation/redemption of securities 1- Between 01 June 2021 and 18 July 2021: - 3LRR value per ETP went down by 53% (from GBp 0.93 to GBp 0.44) - the number of outstanding securities increased by 82% (from 1,273.5 million to 2,313.5 million) 2- Between 18 July 2021 and 29 September 2021: - 3LRR value per ETP increased by 300% (from GBp 0.44 to GBp 1.75) - the number of outstanding securities decreased by 57% (from 2,313.5 million to 1,013.5 million) The change in number of outstanding securities was not the result of the activity from a single investor. Instead, it came from a multitude of investors who were able to able to detect the potential rebound for Rolls Royce stock price and decided to express their conviction by using 3LRR. Such investors managed to lock in strong profits over the quarter. Past performance is no guarantee of future returns.
    1 point
  5. Hi all, The IT team is working on a fix, the incident has been raised yesterday under the reference INC0585130. We will keep you updated as soon as possible. Thank you - Arvin
    1 point
  6. Hi @BigManDave, It seems that you are referring to Wednesday 29 Sept 2pm. Could you please clarify when was your position open? It seems that after that it hasn't reach the 17090.3. Thank you for clarifying - Arvin
    1 point
  7. I sent an email earlier and received the following reply in less than an hour. It seems it only affects Demo accounts, which is a bit more understandable... Dear Mr Parr, Thanks for your email. Our IT department has already been made aware of the missing candlestick dates on certain assets for our demo accounts. The report number for this case is INC0584768. Apologies for the inconveniece, please note that we are working towards solving this issue as soon as possible. If you have any further queries, please do not hesitate to contact us. Regards, Renata R Trading Services IG
    1 point
  8. Hi @Sam252 Our model continuously values the FTSE100 weekly options. The model will use Friday at 16:35pm as the time at which the rate of decline will come to an end. This coincides with the time settlement is released officially which occurs after a 5min auction period. Regards Anda
    1 point
×
×
  • Create New...