What is Dow Jones 30? - What is Dow Jones 30 MT4 Chart?
Dow Jones 30 Chart - DJI or DJI:IND
Dow Jones Industrial Average - The Dow Jones 30 is also Named as US30 or DJ30 or Dow 30 or Wall Street 30 Index
The Dow Jones Industrial Average or Dow 30 is a stock market index that tracks 30 of the largest stocks in the USA. The stocks that are used to calculate this components are picked from 30 biggest companies in the USA.
The Dow Jones is the most popular & most followed stock index globally. The Dow Jones Industrial Average originally tracked the performance of Industrial stocks but has changed to include stocks from =the other sectors of the economy. The main criteria being the stocks selected are from the largest American companies.
The Dow Jones is more volatile than most of the other Top Stock Indices, The Dow Jones although will over longterm trend upwards it'll have more price pull-backs and more consolidations than other index. Traders may prefer to trade other indices other than the Dow Jones Industrial Average if they are more accustomed to trading more stellar trends found in other top stock indices.
Dow Jones Industrial Average - The Dow Jones 30 is also Named as US30 or DJ30 or Dow 30 or Wall Street 30 Stock Index
The Dow Jones 30 MetaTrader 4 Chart
The Dow Jones 30 trade chart is shown above on the MetaTrader 4 charts. On the example above this financial instrument is named as US30CASH. As a trader you want to find a broker that provides this Dow Jones 30 MetaTrader 4 chart so that you can start to trade Dow Jones 30 Index. The example above is of Dow Jones 30 on the MT4 Forex & Software.
The 30 components stocks that makes up Dow Jones 30 are picked from the top American companies. 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 to come up with this stock index. This makes this index more volatile than other index.