DAX 40 makes yet another record high, FTSE 100 nears 8,000 mark while S&P 500 slips​​​

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DAX 40 makes yet another record high, FTSE 100 nears 8,000 mark while S&P 500 slips​​​
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​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of Friday’s Fed PCE inflation reading.

​Support can be seen at Monday’s 18,287 high and Tuesday’s 18,255 low. Further down sit the more important February-to-March accelerated uptrend line at 18,142 and Friday’s 18,133 low.​The S&P 500 continues to grind lower from last week’s record high, made at 5,261, a rise above which would put the 5,300 mark on the cards. A speech by​Minor support below Tuesday’s 5,205 low can be found at the 5,165 early March high.

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