Pre-FOMC Technical Levels for Global Indices – SPX, DAX & CAC in Focus

The global stock markets fell on Tuesday, weighed down by retailers and health stocks and after DoubleLine’s Jeffrey Gundlach said U.S...


SPX – S&P500 – Technical Trading Levels
Support      Resistance
2512.58      2559.62
2496.07     2590.15
2449.03     2637.19
Key Trading Level: 2543.11

DAX – GER30 – Technical Trading Levels
Support     Resistance
10652.47     10807.57
10592.43     10902.63
10437.33     11057.73
Key Trading Level: 10747.53

CAC – FRA40 – Technical Trading Levels
Support    Resistance
4715.6        4785.4
4690.9      4830.5
4621.1       4900.3
Key Trading Level: 4760.7

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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