Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow steady around 34,000 The index saw its huge rally stall on Monday, perhaps unsurprisingly given the gains made last week and the lack of data during the session. The price finds itself above the 50- and 200-day
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts Dow stronger in wake of Fed decision The index’s rally was given fresh impetus by the Fed decision last night, which saw a more balanced outlook from Jerome Powell. The index has climbed to its highest level in
Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, Dow Jones, Nikkei 225 Analysis and Charts Nasdaq 100 continues its recovery The index has recovered from the lows seen last week, after nearing the 200-day SMA. For the moment, the pullback from the October highs is still in place and leaves the bearish view
S&P 500, SPX, NASDAQ 100, NDX, DJIA – OUTLOOK: The S&P 500 is testing support on the 200-DMA. The Nasdaq 100 index risks a bearish head & shoulders pattern. What are the outlook and the key levels to watch in the three US indices? Looking for actionable trading ideas? Download our top trading opportunities guide
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Analysis and Charts FTSE 100 testing 7400 The index managed to rebound on Tuesday, recovering some losses. For a low to be formed, we would need to see additional gains towards 7450, which might then bolster a near-term bullish view and
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, and Dow Jones 30 Charts and Analysis FTSE 100 back to 7400 Friday witnessed the index close below trendline support from the August low and below the early October low.Further losses now beckon towards 7300 and then down to 7215, the low from
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow back below 200-day MA The volatile trading of the past two weeks continued on Wednesday. The index dropped back below the 200-day simple moving average (SMA), after testing the 34,000 level on Tuesday.A close below 33,400 might
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts Dow edges above 200-day moving average The impressive rebound for the Dow has carried the index back to the 200-day simple moving average (SMA).Early trading on Thursday has seen the price edge above this indicator, though a close
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow at one-week high The index surged on Monday, rallying back towards the 200-day simple moving average (SMA). This comes after the gains made on Friday following the payrolls report. For the moment a low appears to be
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones 30, DAX 40, Nasdaq 100 Analysis and Charts Dow fails to build on Wednesday’s recovery The index rallied off its lows yesterday, after heavy losses on Tuesday and Wednesday.Bulls now need to push the price back on above 33,230 to indicate that a low might
