August 21st – 27th – S&P500 and DJIA Trading Levels
Arslan Butt • 1 min read
This week, we have some top-tier economic events & speeches from the central bank officials of the United States & Eurozone. We may encounter some serious fluctuations in US equities. We will talk about it in a lot more detail in my next update, the weekly forecast. Check out the weekly trading levels for U.S. indices.
The Fed FOMC dragged U.S. stock markets down as the market continued its decline following an abrupt selloff last week, but all the movement remained in our suggested trading levels.
S&P 500 – SPX500- Trading Levels
S1: 2420 R1: 2461
S2: 2407 R2: 2473
S3: 2387 R3: 2493
Key Trading Level – $2440
DJIA – US30 – Trading Levels
S1: 21635 R1: 21969
S2: 21531 R2: 22073
S3: 21364 R3: 22240
Key Trading Level – $21802
Fellows, I'm going to share weekly forecast & major events that need our attention in my next update. Stay tuned for more.