ASX200 Vs. Dow Jones

In by Joe Lester2 Comments

Replies
2
Voices
2
Joe Lester

Hey guys, kind of new to investing.

I’ve notice the ASX200 is highly correlated with the Dow Jones. If the Dow goes up 3%, more than likely the ASX200 will follow suit.

Would I make money if:
– I bought the ASX200 index at the start of trading if the Down Jones went up that night
– I sold the ASX200 index at the start of trading if the Down Jones went up