Global Stocks Climb – Check Out Key Trading Levels for SPX, DAX & FRA

The global stock markets rebounded, and futures on the S&P 500, Dow and NASDAQ 100 leaped on Chinese plans for tax cuts.

Written by: Arslan Butt • Wednesday, January 16, 2019 • 1 min read

• Last updated: Wednesday, January 16, 2019

S&P500 – SPX – Trading Levels
Support Resistance
2585.81 2619.12
2566.29 2632.91
2532.98 2666.22
Key Trading Level: 2599.6

DAX – German30 – Trading Levels
Support Resistance
10809.27 10991.27
10720.63 11084.63
10538.63 11266.63
Key Trading Level: 10902.63

CAC – FRA40 – Trading Levels
Support Resistance
4753.47 4816.47
4722.43 4848.43
4659.43 4911.43
Key Trading Level: 4785.43

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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.