Oct. 4 - S&P500 and DJIA Trading Level - Forex News by FX Leaders

Oct. 4 – S&P500 and DJIA Trading Level

Posted Wednesday, October 4, 2017 by
Arslan Butt • 1 min read

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!

 
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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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