Futures on major US stock indexes are under pressure after data on orders for durable goods were much worse than expected. Their growth rate of -1.4% as a general index and -0.4% on his kernel (less highly volume components).
However, this report is quite noisy and by itself is unlikely to significantly alter the outlook for the US economy. Moreover, the weak data – it is an occasion for the Fed to delay the start of the cycle of rising interest rates. Index of companies with small market capitalization Russell-2000 (TF) has reached the 200-hour moving average and can provide opportunities for shopping at relatively low levels.
Support and resistance levels
Support 1 1242,9
Support 2 1233,4
Current price: 1244.6
Resistance 1 1250,4
Resistance 2 1264,3
Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes only and do not guarantee the results obtained.