What is DowJones30? - What is DowJones30 Index MT4 Chart?
DowJones30 Trading Chart - DJI or DJI:IND
Dow Jones Industrial Average - DowJones30 is also Referred to as US 30 or DJ 30 or Dow 30 or Wall Street 30 Stock Index
Dow Jones Industrial Average or Dow 30 is a Indices market indices that keeps track of 30 of the biggest stocks in USA. The stocks that are used to calculate this components are selected from 30 largest companies in USA.
Dow Jones is the most popular & most followed Indices globally. The Dow Jones Industrial Average originally tracked the market performance of Industrial stocks but has changed to include stocks from other sectors of the economy. The main criteria being the stocks chosen are from the biggest America firms.
Dow Jones is more volatile than most of the other Top Indices, The Dow Jones although will over the long-term trend upward it will have more price pullbacks & more consolidations than other Indices. Traders might prefer to trade other indexes other than the Dow Jones Industrial Average if they are more accustomed to trading the more stellar trends that are found in other top stock indices.
Dow Jones Industrial Average - DowJones30 is also Referred to as US 30 or DJ 30 or Dow 30 or Wall Street 30 Index
DowJones30 MT4 Chart
DowJones30 chart is illustrated above in the MetaTrader 4 charts. On the above example this instrument is named US 30CASH. As a trader you want to find a stock index broker that provides DowJones30 MT4 chart so that you can begin to trade DowJones30 Index. The example That is shown above is that of DowJones30 Indices on MetaTrader 4 Forex and Stock Index Software.
The 30 component stocks that makes up DowJones30 Index are selected from top America firms. The calculation of this stock index is however different compared to other Stock Indices; the price component of the 30 stocks is divided by a common divisor so as to come up with this stock index. This makes this index more volatile than other Stock Indices.
