Charting indices: indices settle post-NFP

The FTSE 100 has been following a down trend for the past three days and further downside is expected. But IG analyst Josh Mahony thinks we are still in a longer-term period of consolidation within an uptrend. The CAC 40 is nearing a big area of resistance and Josh also looks at the S&P 500.

Trade now

Live FTSE 100 | DAX | CAC 40 | US 500 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.