Equities are all trading in green today, boosted by global risk on sentiment. Performance this week at a glance in chart & table -
S&P 500 -
- US benchmark gained over 2100 level, however marginally up today.
- Redbook index grew at slower pace of 0.1% m/m and 0.8%.
- Philadelphia FED non-manufacturing activity index came at 41 in April against 48 in March.
- S&P 500 is currently trading at 2102, up +0.22% today. Immediate support lies at 1980, 2040 and resistance 2120, 2164.
FTSE -
- FTSE gained further grounds lost last week in today's trading. Bulls might test 7100 level once more trying to break out.
- Important support lies at 6950, 6700 and resistance around 7100 level.
DAX -
- DAX is giving up gains after bulls were halted close to old resistance level of 12080, however major trend remains bullish.
- In the short run though bulls might struggle as last week's candle was bearish engulfing.
- Index is trading at 11960, up nearly 0.6% today. Immediate support lies at 11600, 11200 and resistance at 12100, 12180, 12360.
EuroStxx50 -
- Stocks across Europe are mostly green, however bulls are seen struggling so far this week.
- Germany is up (+0.6%), France's CAC40 is up (+0.3%), Italy's FTSE MIB is down (-0.37%) and Spain's IBEX is up (+0.4%).
- EuroStxx50 is currently trading at 3720, up +0.35% today. Index might drop lower in short term. Support lies at 3635, 3545, 3300
Nikkei -
- Nikkei bulls marched beyond 20000 level making Nikkei the best performer this today. Further gains might be on radar. However risks of global sell off is high.
- Nikkei is currently trading at 20010. Immediate support lies at 19450, 18540 and resistance at 20800.
|
S&P500 |
+0.82% |
|
FTSE |
+0.96% |
|
DAX |
+2.47% |
|
EuroStxx50 |
+1.33% |
|
Nikkei |
+2.27% |


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