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Weekend Charting and Chat. 29Feb/1Mar, page-13

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Nick78

748 Posts.

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01/03/20

11:50

Post #: 43240226
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Originally posted by 5speed: ↑

Yep, and an interesting point. As others use different CFD products, perhaps they can chip in on what their close was yesterday morning. As the IG SPI CFD continues moving after the real SPI Futures (which the CFD follows) close, their close is actually the last trade. I put the close of investing.com SPI CFD, IG SPI CFD, and the real SPI Futures on the following chart for illustration purposes. As you can see, and not surprisingly, they are all different. After a 109 point rally into the close, one would expect an opening gap come Monday morning.. also, although I normally pay zero attention to them, the IG Weekend Wall Street (DOW CFD) trading - as if the week isn't enough - is down 338 points, however, as I said, I don't pay attention to it, as what matters is what happens Monday morning. cheers

View attachment 2023588

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Yep Monday opening will tell us where we are going.

Tradedirect365 SPI CFD close = 6328
CMC Markets SPI CFD close = 6328

However I don't have live account with IG, but demo account shows DOW closed up 0.95% or 242 points to 25700

And in fact all other major markets on IG shows closing up. However as you mentioned DOW weekend trade is now down by 2.25% or 578 points.

Last edited by Nick78: 01/03/20

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