The global stock market indices rallied ever so slightly during the Asian session. However, there is a significant amount of resistance as the trade war is still in play and Trump isn’t expecting any outcome from trade talks.

In the next update, I will be sharing a technical trading setup on SPX. Until then, you are advised to follow these trading levels.

S&P500 – Technical Levels

Support     Resistance
2838.13       2854.87
2832.97      2860.03
2824.6       2868.4
Key Trading Level: 2846.5

DAX – Technical Levels

Support      Resistance
12267.92    12365.56
12237.76    12395.72
12188.94    12444.54
Key Trading Level: 12316.74