Stock futures mostly higher after strong earnings

The result from Amazon and Apple give strong assurance to the market, which boost Nasdaq futures more than 1% before the market open. Traders are preparing for the monthly close and next week update regarding ongoing government shutdown, also U.S-China tariff. Last FOMC meeting cut interest-rate but doubt about another rate-cut at the end of year. Despite the situation, traders seems positive on the market and might continue to boost the stock market for now.

Dow Jones Industrial Average (INDU)

DJIA index continue pressuring on the 48,000 level but without breakout yet. The index might stay near the level for now and attempting to extend the upward movement to target 49,341 level next. No change to the latest outlook yet, if there is bearish correction, then the 47,000 level is the support level to watch.

Dropbox, Inc (DBX)

DBX share prices sitting near the daily SMA 200 & the trend line, also the 38.2% Fibonacci Retracement level. We could say the share prices is trading inside the 2024 range and currently attempting to start a rally. If the rally fails, then traders could expect the share prices to continue consolidation near the trend line or the daily SMA 200.