Equities are trading in red as big buying as hit market as fear of Greek contagion subsided. Performance this week at a glance in chart & table -
S&P 500 -
- S&P has sharply bounced from 2070 area. Today's range 2095-2071.
- Building permits rose to 1.275 million from 1.140 million, but housing starts dropped to 1.036 million from prior 1.165 million.
- S&P is awaiting to take further cues from FED policy.
- S&P 500 is currently trading at 2094.5. Immediate support lies at 1980, 2040 and resistance 2164.
FTSE -
- FTSE has broken below key support area of 6700, however bounced back sharply. Today's range 6720-6650. FTSE is facing key support level test as FED approaches.
- Further downside remains open. Though FED policy move will decide further move.
- FTSE is currently trading at 6710. Immediate support lies at 6050 and resistance at 7000.
DAX -
- DAX has bounced back sharply and is in the process of forming a hammer in daily chart.
- DAX is currently trading at 11060. Today's range 10800-11075. Immediate support lies at 10730, 10500 and resistance at 11500 around.
EuroStxx50 -
- Stocks across Europe are all trading in green today bouncing back from massive selloffs.
- Germany is up (+0.55%), France's CAC40 is up (+0.5%), Italy's FTSE MIB is up (+0.3%) and Spain's IBEX is up (+0.25%).
- EuroStxx50 is currently trading at 3457, up +0.20% today. Support lies at 3450, 3300 and resistance at 3760.
Nikkei -
- Nikkei is struggling as yen remains relatively strong after Kuroda comments.
- Nikkei is currently trading at 20260. Key support is at 19500 and resistance at 20900 area.
|
S&P500 |
+0.02% |
|
FTSE |
-1.02% |
|
DAX |
-1.31% |
|
EuroStxx50 |
-1.34% |
|
Nikkei |
-0.29% |
