The DAX Futures is trading at 11,401.00 up with +0.17% percent or +19.50 point. The FTSE 100 Futures is trading at 7,118.50 up with +0.15% percent or +11.00 point. The CAC 40 Futures is trading at 5,254.20 with a loss of -0.10% percent or -5.30 point. The EURO Stoxx 50 Futures trading at 3,228.00 up with +0.28% percent or +9.00 point.
TODAY’S FACTORS AND EVENTS
DAX minor support at 13330/325 then 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 11330, 11380 then resistance at 11420/430. Shorts need stops above 11460. A break higher targets 11500/510. If we continue higher try shorts at 11560/580 with stops above 11600.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 25,516.83 up with +0.057% percent or +14.51 point. The S&P 500 is trading at 2,798.36 with a loss of -0.084% percent or -2.35 point. The Nasdaq Composite is trading at 7,637.54 with a loss of -0.067% percent or -5.13 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,428.39 up with +2.15% percent or +451.28 point. Hong Kong’s Hang Seng is trading at 28,482.85 with a loss of -0.14% percent or -40.50 point. China’s Shanghai Composite is trading at 2,997.10 with a loss of -1.51% percent or -45.94 point. India’s BSE Sensex is trading at 37,854.39 up with +0.12% percent or +48.58 point at 12:15 PM.