Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, Dow Jones, Hang Seng Analysis and Charts FTSE 100 under pressure again The index has pushed lower in morning trading, moving back below 7500 once again.Yesterday saw the index recover from its lows, but it closed below the 50-day SMA. A fresh turn lower today
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts FTSE 100 drops sharply Friday’s losses have continued into a new week, with the index testing 7500 in early trading this morning. After failing to hold above 7600, a new bearish view appears to prevail. This will be
Number of traders net-short has increased by 23.27% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BULLISH 49.39% 50.61% -7.98% Daily -23.50% Weekly -0.89% Daily 23.27% Weekly -4.53% Daily -5.32% Weekly of clients are net long. of clients are net short. Change in Longs
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX $0, Dow Jones Analysis and Charts FTSE 100 finds support at 7500 The previous three sessions have seen the index dip to 7500, but buyers have come in to defend this level each time. This leaves open the possibility of a renewed move back
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100, Prices, Analysis and Charts FTSE 100 claws its way back from Thursday lows Thursday witnessed an impressive recovery from the lows of the session for the index. Having slumped briefly to a three-week low the price has now rebounded. A follow-through
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Analysis, Prices and Charts Recommended by IG Traits of Successful Traders FTSE 100 sheds more ground The index fell back on Tuesday, once again unable to move above 7700. This could spell the beginning of a more substantial pullback. The 200-day
Number of traders net-short has decreased by 19.87% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI FTSE 100 BEARISH 51.06% 48.94% 19.84% Daily 15.59% Weekly -18.55% Daily -19.87% Weekly -2.62% Daily -4.99% Weekly of clients are net long. of clients are net short. Change in Longs