S&P500 & DAX – Intraday Trading Levels to Trade

The global stock market indices rallied ever so slightly during the Asian session. However, there is a significant amount of resistance as..


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

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.

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