Rise and dip for bear Tuesday later | 10400 10458 resistance | 10330 10261 support

Technical analysis for 2nd June 2026

Based on today's charts, the broad market picture remains risk-on, with the US indices still leading. DAX has recovered its bullish posture, FTSE is trying to stabilise after weakness, and Gold remains in a recovery phase but has not fully reversed its larger downtrend.

FTSE 100

• Bias: Neutral to Slightly Bullish
  • Technical Picture
    • Bounce from recent weakness.
    • Trading just above pivot.
    • Still below major resistance cluster around 10,400–10,460.
    • Relative weakness versus DAX and US markets remains.
• Key Levels
  • Support: 10,338 → 10,265
  • Resistance: 10,392 → 10,408 → 10,458
• Trade View
  • Range trade until resistance breaks.
  • Stronger bullish signal only above 10,410–10,460.

DAX40

• Bias: Bullish
  • Technical Picture
    • Price has reclaimed the daily pivot (~25,072).
    • Trading above the rising 25 EMA (~24,974).
    • Trend channel remains intact.
    • RSI near 61 supports continuation.
• Key Levels
  • Support: 25,072 → 24,974
  • Resistance: 25,154 → 25,246 → 25,477
• Trade View
  • Preferred: Buy pullbacks into 25,070–25,100.
  • Bullish targets: 25,246 then 25,477.
  • Invalidation: Daily close below 25,000.

Nasdaq 100

• Bias: Strong Bullish
  • Technical Picture
    • Higher highs and higher lows remain intact.
    • Holding above pivot and trend support.
    • Price remains comfortably above the 25 EMA.
    • Momentum structure remains the strongest of all markets shown.
• Key Levels
  • Support: 30,327 → 30,147
  • Resistance: 30,557 → 30,803 → 30,967
• Trade View
  • Preferred: Buy dips.
  • A break above 30,557 opens the path toward 30,800+.

S&P 500

• Bias: Bullish
  • Technical Picture
    • Uptrend channel remains healthy.
    • Price holding above pivot (~7,584).
    • Strong reaction from support after Friday's pullback.
• Key Levels
  • Support: 7,561 → 7,548
  • Resistance: 7,605 → 7,641 → 7,662
• Trade View
  • Preferred: Long above 7,560.
  • Potential extension toward 7,640–7,660.

Gold

• Bias: Neutral with Bullish Intraday Lean
  • Technical Picture
    • Price has recovered above the pivot (~4,493).
    • Testing declining 25 EMA resistance (~4,526).
    • Larger trend still points lower, but buyers are attempting a reversal.
• Key Levels
  • Support: 4,493 → 4,440
  • Resistance: 4,539 → 4,592 → 4,637
• Trade View
  • Bullish while above 4,490.
  • A break above 4,540 would strengthen the recovery case.
  • Failure back below 4,490 would favour sellers again.

Best Daily Setups

• Nasdaq Long
  • Buy dips above 30,327
  • Targets: 30,557 → 30,803
• S&P Long
  • Buy above 7,560
  • Targets: 7,640 → 7,660
• DAX Long
  • Buy above 25,070
  • Targets: 25,246 → 25,477

For today, the clearest directional theme remains long US indices first, DAX40 second, while FTSE100 remains a slower, range-bound market and Gold is still in a transition/recovery phase rather than a confirmed trend.

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