DAX Futures Morning Update on 09 May

The DAX Futures is trading at 12,914.50 with a loss of –0.03%  percent or -3.50 point . The FTSE 100 Futures is trading at 7,529.50 up  with +0.09% percent or +6.50 point. The CAC 40 Futures is trading at 5,492.00 with a loss of -0.13% percent or -7.00 point . The EURO Stoxx 50 Futures is trading at 3,514.00 up with +0.09%  percent or -+3.00 point.

TODAY’S FACTORS AND EVENTS

DAX hits the next target of 12960/970 and we topped exactly here but the outlook remains positive. On a break higher look for 13000/010, perhaps as far as 13125.

The downside should be limited again with minor support at 12880 (although we bottomed at 12860 yesterday) and 12800/780. However on further losses look for a buying opportunity at 12675/665, with stops below 12620.

PREVIOUS DAY ACTIVITY
 
For the day Germany’s DAX closed at 12,912.21 with a loss of  -0.28% percent or -35.93 point. the FTSE 100 closed at 7,596.80 up with +0.41% percent or +30.83 point. France’s CAC 40 closed at 5,521.93 with a loss of  -0.17% percent or  -9.48 point. 

WORLD MARKETS

For the day the Dow is trading at 24,360.21 up with +0.012% percent or +2.89 point. The S&P 500 is trading at 2,671.92 with a loss of  -0.027% percent or  -0.71 point. The Nasdaq Composite is trading at 7,266.90 up  with +0.023% percent or +1.69 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,408.88  with a loss of -0.44% percent or  -99.81 point. Hong Kong’s Hang Seng is trading at 30,458.76 up  with +0.18% percent or +55.95 point. China’s Shanghai Composite is trading at 3,159.15  with a loss of -0.074% percent or -2.35 point. India’s BSE Sensex is trading at 35,278.54 up with +0.18% percent or +63.84  point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 09 May

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Self-promotion once a week is allowed. Too much promotion or using Contact info in ID will lead to account ban.