US Open. Market Overview for 10.10.2016

Pre-Market:

The S&P 500 is trading firmer pre-market, rising 0.52%. The DAX managed to reach positive territory, after initial weakness, rising 1.09%. Amongst the greatest gainers is Thyssen stock, which is up 2.61%. The morning´s German trade balance numbers came in better than expected at 5.4% month on month. Deutsche Bank also managed to trade back in to positive territory, gaining 2.69%.
US markets are profiting from Donald Trump´s crisis, after pundits made Hilary Clinton the winner of yesterday´s face off. The USD rises against the Yen and Euro. Gold and WTO Oil also gain.

S&P 500

The S&P 500 is in a sideways trend. Resistance is at 2200 and support at 2115.

Nasdaq 100

The Nasdaq 100 is in a sideways trend. Resistance is at 4900 and support is seen at 4800.




RoboForex Analytical Department