The DAX Futures is trading at 11,671.30 with a loss of -0.06% percent or -7.20 point. The FTSE 100 Futures is trading at 7,207.50 with a loss of -0.03% percent or -2.00 point. The CAC 40 Futures is trading at 5,396.80 up with +0.18% percent or +9.50 point. The EURO Stoxx 50 Futures trading at 3,308.00 with a loss of -0.03% percent or -1.00 point.
TODAY’S FACTORS AND EVENTS
This chart looks at the DAX index from Germany over the past 10-years. For the majority of the past 6-years, the DAX has remained inside of rising channel (1). The 2018 decline saw the DAX hit support where a 1-year counter-trend rally started.
Over the past year, the DAX has created a new falling channel (2). It is now testing the top of this falling channel and the lows of last February at (3).
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 25,914.10 up with +0.25% percent or +65.23 point. The S&P 500 is trading at 2,832.94 up with +0.37% percent or +10.46 point. The Nasdaq Composite is trading at 7,714.48 up with +0.34% percent or +25.95 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,566.85 with a loss of -0.082% percent or -17.65 point. Hong Kong’s Hang Seng is trading at 29,393.12 with a loss of -0.054% percent or -15.89 point. China’s Shanghai Composite is trading at 3,090.98 with a loss of -0.18% percent or -5.44 point. India’s BSE Sensex is trading at 38,140.04 up with +0.12% percent or +44.07 point at 12:15 PM.
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