The US500 contract hit a new historic peak today, but a slight pullback continues after the session starts
Wall Street indices record a slight retraction at the beginning of the session, amid very good session in Europe. US indices behave very similar to their Asian counterparts. In turn, yesterday increases on Wall Street were phenomenal. The gains in Europe are probably catching up with yesterday's "losses" related to the close of the markets. Still, today's Wall Street pullback is minimal, and for the US500 it is a pullback from historic highs around 3,065 points. Nevertheless, the losses were largely recovered in the first minutes of trading on Wall Street.
The nearest support lies at the lower limit of the uptrend channel. Meanwhile the major support is marked with the 127.2. Fibonacci retracement. On the other hand, the nearest resistance is marked with the 200.0 retracement of the recent pullback. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr SÄ…dowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
