Equity snapshot (indices)

Equities are mostly flat today, after yesterday's massive buying. Performance this week at a glance in chart & table -

S&P 500 -

• S&P is trading low volatility and gradually moving upwards. Risk remain significant over upcoming FED hike.
  
  
• MBA mortgage application dropped by -1.5%.
  
  
• S&P 500 is currently trading at 2129. Immediate support lies at 1980, 2040 and resistance 2125, 2164.

FTSE -

• FTSE bulls are struggling to push above 7000 mark. Further rise is likely.

• FTSE is currently trading at 7002. Immediate support lies at 6850, 6700 and resistance at 7120.                          

DAX -

• DAX is down today mostly over profit booking.

• Larger buy trend is have resumed. Upside target is coming at 12600-12700 with stop at 11100.

• DAX is currently trading at 11815. Immediate support lies at 11250 and resistance at 12080 around.

EuroStxx50 -

• Stocks across Europe are mixed today.

• Germany is down (-0.33%), France's CAC40 is down (-0.26%), Italy's FTSE MIB is down (-0.02%) and Spain's IBEX is up (+0.31%).

• EuroStxx50 is currently trading at 3668, up 0.2% today. Support lies at 3450, 3300 and resistance at 3760.

Nikkei -

• Nikkei is the best performer today. Japanese GDP likely to have grown by 2.4% annualized rate at first quarter.

• Nikkei is currently trading at 20208. Key support is at 19500, 19000 and resistance at 20300 area.