The S&P 500 is trading unchanged pre-market. The DAX is trading down -0.11%. After the weak impulse given by US markets, German equities are holding up well. The weaker Euro, which is trading around July´s highs, also giving support. Largest winning stock in the DAX is Lufthansa, gaining 3.27%. In total, the DAX is still trading in a large sideways trend. US markets are expecting the evenings Fed minutes, which may give a clue to further rate actions. Momentarily investors are expecting a rate hike in December. Walls Street looks to open weaker. The USD is firmer. Gold and WTI Oil are unchanged.
The S&P 500 is in a sideways trend. Resistance is at 2200 and support at 2115.
The Nasdaq 100 is in a sideways trend. Resistance is at 4900 and support is seen at 4800.
RoboForex Analytical Department
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