Chile Gold and S&P/CLX IPSA 40 Stocks Trading Strategy (Ideas)
[Chile Market List]
Meaning of terms :
▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price. (When price moves below the entry price level.)
General Stock Price Index (Indice General de Precios de Acciones: S&P/CLX IGPA):
IGPA is a market capitalization-weighted index that measures price variations of the majority of the exchange's listed stocks, classified by sectors according to its activity and revised annually. The index was developed with a base level of 100 as of December 30, 1980.
Selective Stock Price Index (Indice de Precios Selectivo de Acciones: S&P/CLX IPSA Index):
IPSA is composed of the 40 most heavily traded stocks and revised quarterly.
Inter-10 Index (S&P/CLX INTER-10 Index)
Inter-10 Index is a volume weighted index of the 10 main Chilean stocks listed in foreign markets through ADRs. it is revised quarterly.
Chile Santiago Stock Exchange (SSE). Bolsa de Comercio de Santiago (BCS) :
It trades in stocks, bonds, investment funds, stock options, futures, gold and silver coins minted by the Banco Central de Chile, and US dollars on Telepregón, its electronic platform.
Santiago Stock Exchange (SSE) is Chile's dominant stock exchange and is the third largest stock exchange in Latin America, behind Brazil's BM&F Bovespa, and the Bolsa Mexicana de Valores in Mexico. Owner is MILA. Founded on November 27, 1893.