September 19th – S&P500 and DJIA Trading Levels - Forex News by FX Leaders

September 19th – S&P500 and DJIA Trading Levels

Posted Tuesday, September 19, 2017 by
Arslan Butt • 1 min read

On Monday, we shared our weekly support and resistance levels on Gold and WTI Crude Oil which are doing very well. Now take a look at the fundamentals, the economic events, especially the Federal Funds Rate and FOMC meeting minutes, will be dominating the market as soon as we approach the end of the week. Take a look at weekly trading levels on U.S. stock indices to have a grip on these events.

S&P 500 – SPX500- Trading Levels

Support            Resistance

S1: 2476            R1: 2501

S2: 2469            R2: 2508

S3: 2457            R3: 2520

Key Trading Level: $2,488

DJIA – US30 – Trading Levels

Support             Resistance   

S1: 21961           R1: 22285

S2: 21861           R2: 22385

S3: 21700           R3: 22547

Key Trading Level: $22,123.63

Traders, you should check out FX Leaders Support and Resistance trading strategy to make better use of these trading levels. Good luck!

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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