​​​​​​FTSE 100 holds support, while Dax struggles, but Dow surges to fresh highs​​​​​​

Category: Finance

The index has bounced from the 8150 support zone but needs to close above 8300 to maintain a bullish outlook. It has held above the 50-day SMA but failed to sustain gains. A close below this level could lead to testing the 100-day SMA. Currently, the index is near a record high just below 41,000, with potential consolidation expected.

Keywords: Index Performance, Bullish Outlook, Market Analysis

Source: DailyFX

Update At: 7/22/2024

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