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