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...

Written by: Arslan Butt • Wednesday, December 19, 2018 • 1 min read

• Last updated: Wednesday, December 19, 2018

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

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

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.