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
Arslan Butt•Thursday, August 17, 2017•1 min read
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
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Arslan Butt
Index & Commodity Analyst
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.
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