Major Stock Indices: Support and Resistance Levels for October 17th

Written by Miroslav Marinov

Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.

, | Updated: October 30, 2024

Nikkei 225 (N225)

R1 – 16,869.09
R2 – 16,881.81
R3 (Range Resistance – Sell) – 16,894.53
R4 (Long Breakout) – 16,932.70
R5 (Breakout Target 1) – 16,977.28
R6 (Breakout Target 2) – 16,996.22

S1 – 16,843.65
S2 – 16,830.93
S3 (Range Support – Buy) – 16,818.21
S4 (Short Breakout) – 16,780.04
S5 (Breakout Target 1) – 16,735.46
S6 (Breakout Target 2) – 16,716.52

Hang Seng (HSI)

R1 – 23,254.51
R2 – 23,275.70
R3 (Range Resistance – Sell) – 23,296.90
R4 (Long Breakout) – 23,360.48
R5 (Breakout Target 1) – 23,434.75
R6 (Breakout Target 2) – 23,465.99

S1 – 23,212.11
S2 – 23,190.92
S3 (Range Support – Buy) – 23,169.72
S4 (Short Breakout) – 23,106.14
S5 (Breakout Target 1) – 23,031.87
S6 (Breakout Target 2) – 23,000.63

KOSPI (KS11)

R1 – 2,023.36
R2 – 2,024.06
R3 (Range Resistance – Sell) – 2,024.76
R4 (Long Breakout) – 2,026.87
R5 (Breakout Target 1) – 2,029.32
R6 (Breakout Target 2) – 2,030.32

S1 – 2,021.96
S2 – 2,021.26
S3 (Range Support – Buy) – 2,020.56
S4 (Short Breakout) – 2,018.45
S5 (Breakout Target 1) – 2,016.00
S6 (Breakout Target 2) – 2,015.00

S&P/NZX 50 Index (^NZ50)

R1 – 7,135.53
R2 – 7,137.80
R3 (Range Resistance – Sell) – 7,140.07
R4 (Long Breakout) – 7,146.87
R5 (Breakout Target 1) – 7,154.82
R6 (Breakout Target 2) – 7,158.09

S1 – 7,130.99
S2 – 7,128.72
S3 (Range Support – Buy) – 7,126.45
S4 (Short Breakout) – 7,119.65
S5 (Breakout Target 1) – 7,111.70
S6 (Breakout Target 2) – 7,108.43

STI Index (^STI)

R1 – 2,816.47
R2 – 2,817.70
R3 (Range Resistance – Sell) – 2,818.94
R4 (Long Breakout) – 2,822.63
R5 (Breakout Target 1) – 2,826.95
R6 (Breakout Target 2) – 2,828.73

S1 – 2,814.01
S2 – 2,812.78
S3 (Range Support – Buy) – 2,811.54
S4 (Short Breakout) – 2,807.85
S5 (Breakout Target 1) – 2,803.53
S6 (Breakout Target 2) – 2,801.75

FTSE 100 (FTSE)

R1 – 7,020.65
R2 – 7,027.75
R3 (Range Resistance – Sell) – 7,034.85
R4 (Long Breakout) – 7,056.14
R5 (Breakout Target 1) – 7,081.02
R6 (Breakout Target 2) – 7,091.39

S1 – 7,006.45
S2 – 6,999.35
S3 (Range Support – Buy) – 6,992.25
S4 (Short Breakout) – 6,970.96
S5 (Breakout Target 1) – 6,946.08
S6 (Breakout Target 2) – 6,935.71

DAX 30 (GDAXI)

R1 – 10,595.58
R2 – 10,610.78
R3 (Range Resistance – Sell) – 10,625.98
R4 (Long Breakout) – 10,671.59
R5 (Breakout Target 1) – 10,724.85
R6 (Breakout Target 2) – 10,748.29

S1 – 10,565.18
S2 – 10,549.98
S3 (Range Support – Buy) – 10,534.78
S4 (Short Breakout) – 10,489.17
S5 (Breakout Target 1) – 10,435.91
S6 (Breakout Target 2) – 10,412.47

CAC 40 (FCHI)

R1 – 4,477.65
R2 – 4,484.38
R3 (Range Resistance – Sell) – 4,491.11
R4 (Long Breakout) – 4,511.29
R5 (Breakout Target 1) – 4,534.87
R6 (Breakout Target 2) – 4,545.09

S1 – 4,464.19
S2 – 4,457.46
S3 (Range Support – Buy) – 4,450.74
S4 (Short Breakout) – 4,430.55
S5 (Breakout Target 1) – 4,406.97
S6 (Breakout Target 2) – 4,396.75

Bovespa (BVSP)

R1 – 61,851.39
R2 – 61,935.55
R3 (Range Resistance – Sell) – 62,019.72
R4 (Long Breakout) – 62,272.22
R5 (Breakout Target 1) – 62,567.15
R6 (Breakout Target 2) – 62,695.13

S1 – 61,683.05
S2 – 61,598.89
S3 (Range Support – Buy) – 61,514.72
S4 (Short Breakout) – 61,262.22
S5 (Breakout Target 1) – 60,967.29
S6 (Breakout Target 2) – 60,839.31

S&P/TSX Composite index (^GSPTSE)

R1 – 14,597.97
R2 – 14,610.94
R3 (Range Resistance – Sell) – 14,623.91
R4 (Long Breakout) – 14,662.83
R5 (Breakout Target 1) – 14,708.27
R6 (Breakout Target 2) – 14,726.50

S1 – 14,572.03
S2 – 14,559.06
S3 (Range Support – Buy) – 14,546.09
S4 (Short Breakout) – 14,507.18
S5 (Breakout Target 1) – 14,461.73
S6 (Breakout Target 2) – 14,443.50

Related News