Over 40 years’ heritage
185,800 clients worldwide
Over 15,000 markets

Charting indices: rally stumbles as selling begins

Are we seeing the beginning of a downtrend? The FTSE 100 and DAX are starting to show signs of weakness, and for IG analyst Chris Beauchamp, today’s closing price level will be key. 

It is Columbus Day today so even though equity markets will be open, expect low volumes.  

Trade now

Live FTSE 100 | DAX prices

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.

Find articles by analysts