Equity Snapshot (Indices)

Equities are all mixed today. Performance this week at a glance in chart & table -
S&P 500 -
  • S&P once again broke above 2100 area, after taking support around 2040 once again.
  • S&P might move to new all-time high over coming days, however move is likely to be in consolidation phased manner.
  • S&P 500 is currently trading at 2107. Immediate support lies at 1980, 2040 and resistance 2100.
FTSE -
  • FTSE is trading in green today, in spite of BOE governor indicating rate hike ahead. Today's range 6710-6750.
  • 6750 area, proving to be crucial resistance.
  • FTSE is currently trading at 6750. Immediate support lies at, 6050 and resistance at 7000.                                        
DAX -
  • DAX is marginally up today, as Greek optimism still fuelling the trade.
  • However, optimism over Greek deal is fading somewhat.
  • DAX is currently trading at 11520. Immediate support lies at, 10500 and resistance at 11590, 12100 around.
EuroStxx50 -
  • Stocks across Europe are all trading in mixed, but optimism looks to be fading.
  • Germany is up (+0.28%), France's CAC40 is up (+0.69%), Italy's FTSE MIB is down (-0.17%), Portugal's PSI 20 is up (-0.62%), Spain's IBEX is up (+0.15%)
  • EuroStxx50 is currently trading at 3611, up by +0.5% today. Support lies at 3300 and resistance at 3760.
Nikkei -
  • Nikkei is likely to move higher on global optimism over Greek deal and as yen is likely to drop further.
  • With Greece away from the radar focus now turns on BOJ's loose monetary policy.
  • Nikkei is currently trading at 20480. Key support is at 19500 and resistance at 20500 area.
S&P500 +1.44%
FTSE +0.96%
DAX +1.14%
EuroStxx50 +1.60%
Nikkei +1.97%

Source : FX-Primus

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