Equity snapshot (indices)

Equities are all red in today's trading. Kindly note all instruments mentioned here are CFDs, whose values might differ from cash or future traded.  Performance this week at a glance in chart & table -

S&P 500 -

• S&P 500, rose sharply as oil price rose. S&P 500 broken key resistance zone. Today's range 1951-1971

• Active call - short side soured as S&P 500 broken key resistance around 1960 area, strategy would now be to buy at dips.
  
  
• S&P 500 future is currently trading at 1965. Immediate resistance lies at 1960 and support 1900, 1870.
 

FTSE -

• FTSE is up but unlike S&P, yet to break key resistance around 6160. Today's range 6060-6100.

• Active call - Sell FTSE100 @5890, with stop loss around 6160 area targeting 5200 area.

• FTSE is currently trading at 6080. Immediate support lies at 5500, 5200 and resistance 6150, 6350, 6820.                                       

DAX -

• DAX is up more than 1% on global cue. Today's range 9400-9580.

• DAX is currently trading at 9500. Immediate support lies at, 9000 area and resistance at 10000, 10850 around.

EuroStxx50 -

• Stocks across Europe are up today.
  
  
• German DAX is up (+1.1%), France's CAC40 is up (+1.1%), Italy's FTSE MIB is up (+1.8%), Spain's IBEX is up (+1.5%).

• EuroStxx50 is currently trading at 2930, up by +1.1% today. Support lies at 2400 and resistance at 3060.

Nikkei -

• Nikkei cash closed marginally higher, however future is pointing to further gains. Today's range 16180-16470 
  
  
• Nikkei is currently trading at 16380. Immediate support lies at 15000 and resistance at 16500, 18500.