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Levels to watch: FTSE 100, DAX and S&P 500

While the US pushes higher, the FTSE 100 is trying to bounce after yesterday’s failure. 

Source: Bloomberg

FTSE 100 dip buyers try for a second day

The FTSE 100 continues to languish around 7650, but has found support around 7620.

A turn higher will challenge the downtrend from the January highs, but we will need to see a push above 7750 to create a new higher high. 

DAX holds above 13,300

Despite being knocked back over the past two days, the DAX continues to hold its ground above 13,300.

The levels coming into play include13,427, 13,533, and then the all-time high at 13,601. Below 13,211, the price will head towards 13,095 and then 12,954. 

S&P 500 presses higher

Dips for the S&P 500 down to 2830 found buyers, so we look for the march higher to resume.

Below 2824, 2807 comes into play. 

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