FTSE 100 looks short-term capped while S&P 500 range trades in low volatility
FTSE 100 looks short-term capped while S&P 500 range trades in low volatility despite scheduled US-China trade talks.
FTSE 100 looks short-term capped
The FTSE 100 has come off Tuesday's 8,686 five-week high but remains above Tuesday's 8,548 low and the 55-day simple moving average (SMA) at 8,510.
A rise above this week's high at 8,686 would engage the 8,693 late January high ahead of the 8,742 late March high.
FTSE 100 daily chart
S&P 500 continues to sideways trade in low volatility
The S&P 500 range trades in low volatility below last week's high at 5,700 while remaining above its 55-day SMA at 5,605 and Tuesday's 5,585 low. Below it the April-to-May uptrend line can be spotted at 5,536.
Resistance above the 5,700 level can be spotted along the 200-day SMA at 5,759.
S&P 500 daily chart
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