Head Topics

Dow and Nasdaq 100 Find Support While Nikkei 225 Tiptoes Lower​​​​​

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

​​Indices wobbled on Monday, but US futures are pointing towards a stronger open. ​

​After pulling back from last week’s record high the index is finding support at the previous record high of 39,287.​A close below this quickly brings rising trendline support from January into view. This provided support in the first half of March. Below this, the 50-day simple moving average comes into play.

​In the short-term, rising trendline support from January is nearby, as is the 50-day SMA. The index continues to trade without even a 5% pullback. ​The price has slipped below the early March high of 40,574, so a close back above here helps to restore a bullish short-term view.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 305. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTSE 100 at Three Month Highs, Dow and Nasdaq 100 Move Higher Despite Hotter US InflationThe FTSE 100 has enjoyed a solid start to the week, while even a hotter US inflation reading has not been able to stop the rally in US markets.
Source: DailyFX - 🏆 305. / 63 Read more »

FTSE 100 rallies off morning low, while Dow and Nasdaq 100 subdued after Friday payrolls​​​​​​​The FTSE 100 is edging higher, while US markets find themselves caught between last Friday’s payrolls and tomorrow’s inflation data. ​
Source: DailyFX - 🏆 305. / 63 Read more »

​​​​​FTSE 100 Drops Back from Eight-Month High, while Dow and Nasdaq 100 Hold SteadyThe FTSE 100 has dropped back from the multi-month high seen this week, while US indices are looking to a flat open after losses yesterday.
Source: DailyFX - 🏆 305. / 63 Read more »

FTSE 100, S&P 500 and Nasdaq 100 Benefit from Rate Cut Expectations​​Outlook on FTSE 100, S&P 500 and Nasdaq 100 ahead of US Non-Farm Payrolls
Source: DailyFX - 🏆 305. / 63 Read more »

FTSE 100, DAX 40 and Nasdaq 100 Await Plethora of Central Bank Meetings​​​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of BoE and FOMC rate decisions.
Source: DailyFX - 🏆 305. / 63 Read more »

Elliott Wave guide: Boost SP500 & Nasdaq 100 trading strategy [Video]Elliott Wave Analysis: SP500,NASDAQ 100, DAX 40, FTSE 100, ASX200.
Source: FXStreetNews - 🏆 14. / 72 Read more »