SPX, DJIA, DAX & CAC Trade Levels – Bullish Reversals Expected
The U.S. stocks closed higher Tuesday as the market regained some of its bullish form, a day after a sharp escalation in U.S.-China trade...
Arslan Butt•Wednesday, May 15, 2019•1 min read
SPX – S&P500 – Technical Outlook
Support Resistance
2828.14 2940.61
2770.35 2995.29
2657.88 3107.76
Key Trading Level: 2882.82
DAX – GER30 – Technical Outlook
Support Resistance
11988.6 12384.2
11774.7 12565.9
11379.1 12961.5
Key Trading Level: 12170.3
FTSE – Technical Outlook
Support Resistance
7187.57 7372.87
7095.43 7466.03
6910.13 7651.33
Key Trading Level: 7280.73
CAC – FRA40 – Technical Outlook
Support Resistance
5295.83 5515.03
5191.67 5630.07
4972.47 5849.27
Key Trading Level: 5410.87
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ABOUT THE AUTHOR
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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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