DAX Futures Morning Update on 25 March 2019

The DAX Futures is trading at  11,311.80 with a loss of -0.22% percent or -25.00 point.The FTSE 100 Futures is trading at 7,107.80  with a loss of -0.06% percent or -4.50 point. The CAC 40 Futures is trading at 5,238.50  with a loss of -0.26% percent or -13.70 point. The EURO Stoxx 50 Futures trading at 3,208.00 with a loss of -0.25% percent or -8.00 point.

TODAY’S FACTORS AND EVENTS

Dax meets the best support for today at 11280/260. Longs need stops below 11230. Further losses target 11185/180 then 11070/050.

A break below 11000 risks a slide to 10880/860.

Holding best support for today at 11280/260 targets 11380/400 then resistance at 11435/445. Shorts need stops above 11480. A break higher targets 11520/530 with a good chance of a high for the day. If we continue higher try shorts at 11580/600 with stops above 11640.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,364.17  with a loss of -1.61% percent or -185.79  point. the FTSE 100 closed at 7,207.59  with a loss of -2.01% percent or ?147.72 point. France’s CAC  40 closed at 5,269.92  with a loss of -2.02% percent or -108.92 point.

WORLD MARKETS

For the day the Dow is trading at 25,502.32  with a loss of -1.77% percent or -460.19 point. The S&P 500 is trading at 2,800.71 with a loss of -1.90% percent or -54.17 point. The Nasdaq Composite is trading at 7,642.67 with a loss of -2.50% percent or -196.29 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,977.11 with a loss of -3.01% percent or -650.23 point. Hong Kong’s Hang Seng is trading at 28,491.90 with a loss of -2.13% percent or -621.46  point. China’s Shanghai Composite is trading at 3,043.03 with a loss of -1.97% percent or -61.12 point. India’s BSE Sensex is trading at 37,767.56  with a loss of -1.04% percent or -399.75 point at 12:15 PM.