SPX, DAX, FTSE & CAC Key Technical Levels Ahead of ECB Statement

Stock markets dropped yesterday as concerns over the trade situation and another downgrade of global growth expectations hit markets....


SPX – S&P500 – Technical Levels
Support Resistance
2869.79 2889.7
2861.61 2901.43
2841.7 2921.34
Key Trading Level: 2881.52

DAX – Ger30 – Technical Levels
Support Resistance
11799.13 11947.48
11746.57 12043.27
11598.22 12191.62
Key Trading Level: 11894.92

FTSE – Technical Levels
Support Resistance
7394.03 7459.93
7370.17 7501.97
7304.27 7567.87
Key Trading Level: 7436.07

CAC -FRA40 – Technical Levels
Support Resistance
5415.9 5474.7
5395.2 5512.8
5336.4 5571.6
Key Trading Level: 5454

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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