Key levels to watch on Eurostoxx, FTSE and S&P 500

Valerie Gastaldy, from Day By Day, says 3301 is the resistance level on Eurostoxx 50. If it breaks above she would consider it a false break and says it would make a short-selling opportunity even better.

To the downside she is looking to 3170. When it comes to the FTSE 100 Valarie says there is an immediate resistance at 6430, and once we hit that resistance we could head down to 6243. She believes we are also testing a key resistance on the S&P 500 at 1983. 

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