FTSE 100, S&P 500 and NASDAQ 100 technical levels ahead of US NFPs
Which FTSE 100, S&P 500 and NASDAQ 100 key technical levels to watch out for ahead of US NFPs.
![FTSE 100 chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/news-article-image-folder/Adobe_FTSE_100_07-30-2024.jpeg/jcr:content/renditions/original-size.webp)
FTSE 100 likely to end week in the red
The FTSE 100 index plunged to a two-week low around its 55-day moving average at 8,238, as traders await all-important US non-farm payrolls (NFPs).
Failure at Wednesday’s 8,205 low would engage the May-July lows at 8,138 to 8,056.
Minor resistance sits around Thursday’s high at 8,285, a rise above which would put the late June to mid-July highs at 8,278 to 8,314 back on the cards.
![FTSE 100 chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/platform-article-images/06092024UKX-Daily.png/jcr:content/renditions/original-size.webp)
S&P 500 await US NFPs
The S&P 500 continues to oscillate around its 55-day moving average (SMA) at 5,510 in little volatility ahead of Friday’s all important US NFPs.
Potential downside targets are the late July lows at 5,396 to 5,392, ahead of the 5,343 May peak.
Resistance is seen at the 22 and 28 August lows at 5,545 to 5,562. Were a rise above this area to unfold, the early August peak at 5,564 would be back in the picture, ahead of its July all-time high at 5,669.
![S&P 500 chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/platform-article-images/06092024SPTRD-Daily.png/jcr:content/renditions/original-size.webp)
NASDAQ 100 under pressure ahead of US NFPs
The NASDAQ 100's drop to a two-week low at 18,759 may accelerate post NFPs and take the index back down towards the 200-day SMA at 18,237.
Only a bullish reversal, rise and daily chart close above Thursday’s 19,108 high would have at least short-term bullish connotations and could take the NASDAQ 100 towards its 55-day SMA at 19,455 and the July-to-September downtrend line at 19,640.
![NASDAQ 100 chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/platform-article-images/06092024NASDAQ-Daily.png/jcr:content/renditions/original-size.webp)
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.
Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
![](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/ContentImage/Indices global component NA banner.jpg/jcr:content/renditions/original-size.webp)
Take a position on indices
Deal on the world’s major stock indices today.
- Trade the lowest Wall Street spreads on the market
- 1-point spread on the FTSE 100 and Germany 40
- The only provider to offer 24-hour pricing
Live prices on most popular markets
- Forex
- Shares
- Indices
See more forex live prices
See more shares live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
See more indices live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.