Brutal Week for Global Indices – Key Technical Levels for SPX, DAX & CAC

It’s been a grim December for stock markets, and the DAX has plunged 7.8 percent, after a 6.7 percent slide in October. The freefall means..

Written by: Arslan Butt • Wednesday, December 26, 2018 • 1 min read

• Last updated: Wednesday, December 26, 2018

SPX – S&P500 – Technical Outlook
Support Resistance
2346.78 2551.79
2274.77 2684.79
2069.76 2889.8
Key Trading Level: 2479.78

DAX – German30 – Technical Outlook
Support Resistance
10373.77 10809.47
10210.33 11081.73
9774.63 11517.43
Key Trading Level: 10646.03

CAC – Fra40 – Technical Outlook
Support Resistance
4562.57 4806.97
4472.93 4961.73
4228.53 5206.13
Key Trading Level: 4717.33

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Open a FREE Trading Account

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.