Indices

The weekly US30 chart has an interesting shape to it. Since May, the index has charted a broadening pattern, defined by a higher peak followed by a lower trough.

The tech-heavy index remains upbeat after last week’s surge, as investors prepare for earnings releases, frpm tech mega-caps, such as Alphabet, Microsoft, Meta Platforms, Amazon and Apple

Since Friday (black dashed vertical), US 10-year real rate (top candlestick chart) has declined. At the same time, the US30 (bottom candlestick chart) has appreciated. The two have a correlation coefficient of -65%, reinforcing the inverse relationship.

What is the GER30? How to trade the German DAX index The GER40 is the new name for the Deutscher Aktien Index (DAX), or the GER30 as it was commonly known. It is Germany's leading stock market index. It tracks the largest blue-chip businesses on the Frankfurt Stock Exchange based on their market value and liquidity. Some familiar names that feature on the index include BMW, Adidas and Deutsche Bank.…

The tech-heavy index started the week on the offensive after the recent 2+ year lows, but slides today, unable to benefit from the solid quarterly results by streaming giant Netflix

The NAS100 has a positive sentiment heading into the cash open. The H4 chart on the left shows the index positioned between the upper blue and red bands in its bullish area. However, the hourly chart on the right suggests a potential higher trough (HT?). An hourly close above the green horizontal would increase the likelihood of this scenario and lay the platform for the next higher peak.

The US30 jumped 2% yesterday, pushing the index into its bullish area between the upper blue and red bands. The daily stochastic is heading towards the 80+ area (green rectangle). If it hits and maintains, an underlying bullish momentum will be present.

NAS100 started this week in similar fashion to the prior one, since it set fresh two-year lows, as markets gear up for US CPI inflation update and the last earnings season of the year

How to trade the UK 100 index: Everything you need to know The FTSE 100 is a share index of the 100 companies with the highest market capitalisation listed on the London Stock Exchange. In practice, it's home to the most significant UK-regulated businesses; giants like AstraZeneca, Shell, HSBC and BP. The UK 100 is a derivative product based on the FTSE 100. If you want to trade on both…

The German index extends is losses to new two year lows, as central banks offer hawkish commentary, sustaining market apprehension over an economic downturn

As the real risk-free yield increased, investors' required rate of return has followed suit. This mechanism has weighed heavily on the US30, as its present value adjusted downwards in response.