PwC index: last week's closing price of the index
PwC index stands for previous week close, index: the closing price of the official index itself — for example the S&P 500 or the DAX — on the last trading day of last week. It is the price every weekly chart closes on and the number in every "the market ended the week …" report, so the new week is measured against it. On a futures chart you can't simply draw it: futures such as ES or FDAX trade tens to hundreds of points away from their index (the cash-future difference). Basics converts the index's closing price to the prices of the chart you are looking at. The line is switched off by default; this page explains what it shows and how to switch it on.
On this page
Friday 16:00 · S&P 500 closes
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- 1Friday 9 October, 16:00 — the S&P 500 closes the week at 7,811.54. A CFD follows the index, so on a CFD chart the line is that closing price itself.
- 2Monday and Tuesday — the CFD swings around the line, never more than about 30 points away from it.
- 3Tuesday 13 October, 15:15 — the S&P 500 itself rises to 7,811.48: 0.06 points under last week's closing price. There it turns.
- 4Wednesday 14 October — the CFD falls through the line before the stock market opens, and the S&P 500 ends the day at 7,721.49: 90 points under it.
Part of Basics
Free TradingView indicator with all session, week and month levels for index, futures and CFD charts.
Install Basics (free) →What last week's closing price is
An index has one official closing price per trading day, set when its stock market closes. The closing price of the last trading day of the week — usually Friday — is the weekly closing price:
| Nasdaq-100, S&P 500, Dow, Russell 2000 | 16:00 New York time |
|---|---|
| DAX | The Xetra closing price, set in the closing auction after 17:30 Berlin time |
| FTSE 100 | 16:30 London time |
| AEX | 17:30 Amsterdam time |
When a new week starts, traders measure the market against it: above last week's closing price the market has gained since then, below it, it has lost. A move back to it is a natural place for price to stall or turn.
Index close or the future's last price?
An index future keeps trading after the stock market has closed: ES and YM until 17:00 New York time, FDAX until 22:00 Berlin time. Its last price of the week is a different number, drawn as its own line: PwC future. Anything that moves the market after the stock market has closed on Friday is only in the future's last price.
How Basics shows it
PwC index is drawn on every supported chart — futures (main, mini, micro, nano), CFDs and the index itself — each time at the right price for that chart. On a futures chart, for example ES or MYM, the index's closing price is converted with the current cash-future difference; on a CFD or index chart it is the closing price itself.
| Default look | Pink, solid, width 2 |
|---|---|
| Label on the chart | PwC index (renamable) |
| Switched on by default | No |
| Value | The index's official closing price on the last trading day of last week |
| Price on your chart | Futures (main, mini, micro, nano): converted with the current cash-future difference. CFD and index charts: the index value itself |
| Where the line starts | At the end of last week; it runs through the whole current week |
| Timeframes | Charts from 1 minute up to the daily chart, on seconds charts too, unless the level needs more history than the chart loads; not on weekly or monthly charts |
| Markets | Nasdaq-100, S&P 500, Dow, Russell 2000, DAX, FTSE 100 and AEX — all tickers |
| Lookback | 1 — last week only (up to 20 weeks) |
Same price as yesterday's closing price? On the first trading day of a week, yesterday is last Friday — so last week's closing price is also the previous session's. Then the label reads PsC/PwC index: one line with both names. At the start of a month it can read PwC/PmC index.
The same level on other instruments
Click a chart to enlarge it.
Why don't I see the line?
- It is switched off.PwC index is off by default. Check the box under Index levels and the master switch Show all objects in 'Index levels' group in the indicator settings.
- You are on a timeframe without it.The line is drawn on charts from 1 minute up to the daily chart.
- Price is far away from it.Lines are hidden while the level is more than 5 % from the current price, so they don't squeeze the chart. You can change this under General → Level visibility range.
- Your ticker is not recognised.See the supported tickers — and if yours is missing, let me know: requests are very welcome.
What you can change
In the indicator settings (the gear icon next to Basics on your chart), under Index levels:
| Show / hide | PwC index checkbox · Index levels |
|---|---|
| Colour, width, style | Any colour · width 1–5 · solid, dashed or dotted |
| Label text | Default PwC index |
| Lookback | 1–20 weeks (default 1) |
| Week boundaries | Thin vertical line where each trading week begins, on by default · Backgrounds |
| Label size, line end, visibility range | Shared with all lines · General |
Charts and defaults on this page: Basics v11.72.8 · updated 21 October 2026.
Frequently asked questions
What is the weekly closing price of an index?
The official closing price of the index on the last trading day of the week, usually Friday: 16:00 New York time for the US indices, the Xetra closing price for the DAX. If Friday is a holiday, it is the closing price of the last day that traded.
Why is PwC index on my ES chart not the S&P 500's closing price?
ES trades at a different price than the S&P 500. Basics converts the index's closing price with the current cash-future difference, so the line sits where that level lies on ES.
Why don't I see PwC index?
It is switched off by default. Switch it on under Index levels in the indicator settings.
Does it work on a US500 or GER40 CFD?
Yes. A CFD follows the index, so there the line is the index's closing price itself.
What is the difference with PwC future?
PwC index is the official closing price of the index. PwC future is the main future's last price of the week, which includes the trading after the stock market has closed.
Related levels
See PwC index on your own chart
Basics is free on TradingView. Add it to any supported chart — for example ES or a GER40 CFD — and switch on PwC index under Index levels.