US Open. Market Overview for 07.09.2016

07.09.2016

Pre Market:

The S&P 500 is trading lighter at -0.013%. The Dax gains 0.38%. Amongst today´s best performers is VW, taking up 1.63%. Volkswagen is planing a joint venture for electric cars in China. Ahead of tomorrow´s ECB meeting, the USD is unchanged against the Euro, however loses 0.42% against theYen. Gold is unchanged. We expect a higher start on Wall Street.

The S& P500

The S&P500 is in an upwards trend. Short term we are in a sideways move. Resistance is at 2197 and support is to be found at 2150.

Nasdaq 100

The Nasdaq 100 is in an upward trend. Short term we see a sideways move. Resistance is at 4837 and support is to be found at 4767.

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.