FTSE 100, DAX and S&P 500 resume move higher
Indices have recovered from Tuesday’s drop, and have resumed their march higher.
FTSE 100 rebounds from Tuesday weakness
The FTSE 100 has continued to hold above 6500, continuing its stabilisation from earlier in the week.
Tuesday’s bounce to 6800 then lost ground, but a push back above this level would create a new higher high and suggest that the index is moving from consolidation to an uptrend phase. The bullish view remains in place unless we see a reversal back below 6500.
![FTSE 100 price chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/content-2-chart-images/04.03FTSE_040320.png)
DAX stuck in a range
A range has developed over the past few days, as the DAX price oscillates between 11,700 and 12,200.
So far, a break higher eludes the index, but the current bounce from yesterday’s low might provide this. Above 12,200, 12,600 and 12,900 come into view as possible upside targets. A failure to move above 12,200 brings 11,700 into view once again.
![DAX price chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/content-2-chart-images/04.03DAX_040320.png)
S&P 500 recovers from selloff
The S&P 500 suffered a pullback yesterday, but has continued to carve out higher lows and a higher high, helping to maintain the bullish short-term view.
The recovery has a long way to go, but above 3130, 3200 then begins to come into view.
![S&P 500 price chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/content-2-chart-images/04.03SPX_040320.png)
This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. 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. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
![](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/Rebrand/Article_banners/Indices_global_component_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
Prices above are subject to our website terms and agreements. Prices are indicative only