DAX Futures Morning Update on 26 July

The DAX Futures is trading at 12,739.00 up with +1.51% percent or +189.00 point . The FTSE 100 Futures is trading at 7,621.50  up with +0.38% percent or +28.50 point. The CAC 40 Futures is trading at 5,463.69 up with +0.69% percent or +37.28 point . The EURO Stoxx 50 Futures is trading at 3,487.00 up with +0.84% percent or +29.00 point.

TODAY’S FACTORS AND EVENTS

DAX short-term Elliott wave analysis suggests that the pullback to 6.28.2018 low ended intermediate wave (2) at 12088.56. Up from there, the rally higher to 12769.8 higher ended Minor wave 1. The internals of that rally higher took place as impulse structure with internal sub-division of 5 wave structure in Minute wave ((i)), ((iii)) & ((v)). On the other hand, Minute wave ((ii)) & ((iv)) took place in 3 waves corrective structure.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,735.40 up with +1.24%percent or +156.07 point.the FTSE 100 closed at 7,672.04 up  with +0.18% percent or +13.78 point. France’s CAC 40 closed at 5,465.64 up with +0.72% percent or +39.23point. 

WORLD MARKETS

For the day the Dow is trading at 25,414.10 up with +0.68% percent or +172.16 point. The S&P 500 is trading at 2,846.07 up with +0.91% percent or +25.67 point. The Nasdaq Composite is trading at 7,932.24 up with +1.17% percent or +91.47 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,586.87 with a loss of  -0.12% percent or -27.38 point. Hong Kong’s Hang Seng is trading at 28,780.55  with a loss of -0.49% percent or -140.35 point. China’s Shanghai Composite is trading at 2,882.23 with  a loss of  -0.74% percent or -21.42  point. India’s BSE Sensex is trading at 36,997.44 up with  +0.38% percent or +139.21  point at 12:15 PM.