Nov. 28 – Dec. 3: S&P500 and DJIA Weekly Trading Levels
During the previous week, the New York stock exchange traded bullish due to Thanksgiving week. The US stock markets traded on sentiment tha
During the previous week, the New York stock exchange traded bullish due to Thanksgiving week. The US stock markets traded on sentiment that increased sales which generated more profits for companies and more dividends for investors.
In order to deal with this week's economic calendar, let's take a look at the weekly support and resistance levels for the US stock market indices. The speeches, consumer confidence, and GDP will be the major movers.
S&P 500 – SPX500 – Trading Levels
Support Resistance
S1: 2,561 R1: 2,586
S2: 2,553 R2: 2,594
S3: 2,541 R3: 2,607
Key Trading Level: $2,574.33
DJIA – US30 – Trading Levels
Support Resistance
S1: 23,342 R1: 23,612
S2: 23,259 R2: 23,695
S3: 23,124 R3: 23,830
Key Trading Level: $23,477
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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