The DAX Futures is trading at 11,982.20 with a loss of -0.38% percent or -45.70 point. The FTSE 100 Futures is trading at 7,372.80 with a loss of -0.31% percent or -22.70 point. The CAC 40 Futures is trading at 5,464.00 with a loss of -0.28% percent or -15.20 point. The EURO Stoxx 50 Futures trading at 3,365.00 with a loss of -0.27% percent or -9.00 point.
TODAY’S FACTORS AND EVENTS
Dax holding above 12010 keeps bulls in control after we reach 12053. Further gains target 12090/100 then 12165/175.
Holding below 11990 however risks a slide to 11960/950, perhaps as far as 11900/890. Downside is expected to be limited but below here look for strong support at 11840/830.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 26,424.99 up with +0.15% percent or +40.36 point. The S&P 500 is trading at 2,892.74 up with +0.46% percent or +13.35 point. The Nasdaq Composite is trading at 7,938.69 up with +0.59% percent or +46.91 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,761.65 with a loss of -0.21% percent or -45.85 point. Hong Kong’s Hang Seng is trading at 30,052.17 up with +0.39% percent or +115.85 point. China’s Shanghai Composite is trading at 3,242.07 with a loss of -0.14% percent or ?4.50 point. India’s BSE Sensex is trading at 38,779.57 with a loss of -0.21% percent or -82.66 point at 12:15 PM.