Global Stock Indices Under Pressure – Technical Levels to Trade Today

A day before, the DOW and Nasdaq were up more than 3%, while the S&P 500 was up nearly 2.8%. The Dow finished above 28,000 for the first time ever last Friday. There are 5 companies that are listed to release the EPS report today and we will discuss them in the next update. For now, let’s look at the key trading levels for leading stock indices:

 SPX – S&P500- Technical Levels
Support Resistance
3109.4 3128.77
3101.78 3140.52
3082.41 3159.8
Key Trading Level: 3121.15

NASDAQ – Technical Levels
Support Resistance
8297.23 8363.43
8269.27 8401.67
8203.07 8467.87
Key Trading Level: 8335.47

 DAX – Ger30- Technical Levels
Support Resistance
13126.77 13316.37
13061.53 13440.73
12871.93 13630.33
Key Trading Level: 13251.13

 FTSE – Technical Levels
Support Resistance
7286.7 7381.2
7251.7 7440.7
7157.2 7535.2
Key Trading Level: 7346.2

 CAC – FRA40- Technical Levels
Support Resistance
5875.87 5947.37
5849.93 5992.93
5778.43 6064.43
Key Trading Level: 5921.43

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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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