US Stock Indices Set Support & Resistance Levels
Major US stock indices, the Dow Jones, S&P 500, and Nasdaq 100, have established support and resistance levels. The Dow Jones currently stands at 46,694.97 points, with the S&P 500 at 6,740.28 points, and the Nasdaq 100 at 24,978.56 points.
Key support levels for the Dow Jones are at 46,396, 46,035, and 45,757 points. For the S&P 500, these are at 6,699, 6,645, 6,641, and 6,626 points. The Nasdaq 100 has supports at 24,958, 24,781, 24,713, and 24,554 points.
Resistance levels are equally important. The Dow Jones faces resistance at 46,714 and 47,049 points. For the S&P 500, these are at 6,750, 6,808, 6,818, and 6,828 points. The Nasdaq 100 has resistances at 25,044, 25,067, and 25,422 points.
Major global asset managers like BlackRock, Vanguard, State Street Global Advisors, and Fidelity play significant roles in stock exchanges worldwide. In Germany, Deka, Union Investment, and DWS are leading commercial asset management groups.
Market players should be aware of these support and resistance levels as they navigate the Dow Jones, S&P 500, and Nasdaq 100. The influence of large asset managers on global stock exchanges remains substantial.
