Oct. 4 – S&P500 and DJIA Trading Level

Today, we have ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI from the United States at 12:15 and 14:00. Since these are measures of economic activity, and stock markets are directly linked with economic growth, we will see some fluctuations on its release. It's a good day to trade U.S. indices. Check out below trading levels.

S&P 500 – SPX500 – Trading Levels

Support             Resistance

S1: 2520             R1: 2533

S2: 2517             R2: 2536

S3: 2511             R3: 2543

Key Trading Level: $2,527

DJIA – US30 – Trading Levels

Support              Resistance            

S1: 22363           R1: 22690

S2: 22262           R2: 22791

S3: 22098           R3: 22954

Key Trading Level: $22,526

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

ABOUT THE AUTHOR See More

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.

Related Articles

USD/JPY Climbs Toward 147 as BoJ Hawkish Tone and Fed Rate Bets Diverge

14 hours ago

Save

AUD/USD Bounces on Jobs Surge, but $0.6390 Breakdown Threatens Reversal

15 hours ago

Save

USD/CAD Price Holds Above 1.3950 as Fed Cut Bets Grow, Oil Prices Limit CAD Gains

15 hours ago

Save

Comments

Leave a Reply Cancel reply

You must be logged in to post a comment.