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Levels to watch: FTSE, DAX and S&P 500

Pre-NFP nerves are taking hold, with stocks down in the UK and across Europe.

New York Stock Exchange
Source: Bloomberg

FTSE 100 falls back below 6700

More losses have seen the index push down below 6700.

If this gathers pace then we can expect to see the 6612 support level tested, and then on down to the 200-day simple moving average (SMA) at 6540.

A bounce needs to retake 6800 and then clear 6850.

FTSE 100 price chart

DAX heads towards 200-day SMA

With the DAX having broken the 100-day SMA (10,525), further declines towards the 200-day SMA at 10,218 seem in order.

A heavily oversold price intraday suggests we should wait for a bounce as a potential fresh selling opportunity. 

DAX price chart

S&P 500 pullback continues

The pullback goes on here, as the price heads further towards potential support around 2160. Below this the next target is 2120 and the rising 200-day SMA at 2114. 

S&P 500 price chart

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