August 17th – S&P500 and DJIA Trading Levels

U.S. stock indices have remained mostly unchanged despite the dovish FOMC meeting minutes. This is because most of the investors are focusi

Written by: Arslan Butt • Thursday, August 17, 2017 • 1 min read

• Last updated: Thursday, August 17, 2017

U.S. stock indices have remained mostly unchanged despite the dovish FOMC meeting minutes. This is because most of the investors are focusing on the bullion market. Take a look at the new trading levels for the S&P500 and DJIA.

S&P 500 – SPX500- Trading Levels

Support Resistance

S1: 2453 R1: 2476

S2: 2431 R2: 2490

S3: 2317 R3: 2513

DJIA – US30 – Trading Levels

Support Resistance

S1: 21951.33 R1: 22090.76

S2: 21811.90 R2: 22176.90

S3: 21725.76 R3: 22316.33

Good luck fellows, stay attentive during the US session today as we are expecting several high impact events that could swing the market.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.