Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

FTSE 100, DAX and S&P 500 all recover in early trading

Indices have shrugged off yesterday’s weakness and have posted gains in the early part of today’s session.

FTSE 100 pushes up after Tuesday’s drop

The FTSE 100 dropped back sharply from yesterday’s peak, but has begun to recover early on in today’s session.

The price has recovered from a low at 7090, moving above 7100, creating a higher low from the 15 August low. A close above 7300 is needed to provide a more bullish outlook. A move back below 7020 solidifies a bearish view, targeting 6740.

DAX recovers from weakness

Yesterday’s pullback below 11,600 seemed dramatic for the DAX, but it only made a modest dent in the gains seen over the past few days.

The levels to watch on the upside are 11,770 and then 11,862, with a push above here generating a more bullish view. A failure to sustain recent gains and a move back below 11,500 would reaffirm the bearish view.

S&P 500 creates a higher low

After rallying over 4% since 15 August, the S&P 500 dropped back 1.3% yesterday. However, it created a higher low at 2892, and has seen gains in the early part of today’s session.

A move back above 2940 would suggest that a bullish view now prevails – a move back below 2890 negates that view and suggests more downside volatility, with support possible at 2820 and then 2770.

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material 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 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. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Seize your opportunity

Deal on the world’s stock indices today.

  • Trade on rising or falling markets
  • Get one-point spreads on the FTSE 100
  • Unrivalled 24-hour pricing

See opportunity on an index?

Try a risk-free trade in your demo account, and see whether you’re on to something.

  • Log in to your demo
  • Try a risk-free trade
  • See whether your hunch pays off

See opportunity on an index?

Don’t miss your chance – upgrade to a live account to take advantage.

  • Get spreads from one point on the FTSE 100
  • Trade more 24-hour indices than any other provider
  • Analyse and deal seamlessly on smart, fast charts

See opportunity on an index?

Don’t miss your chance. Log in to take your position.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.