DAX Futures Morning Update on 05 June 2019

The DAX Futures is trading at 11,961.00  with a loss of -0.30% percent or -35.40 point. The FTSE 100 Futures is trading at 7,206.00  with a loss of  -0.09% percent or -6.50 point. The CAC 40 Futures is trading at 5,267.52  with a loss of -0.014% percent or -0.74 point. The EURO Stoxx 50 Futures trading at 3,332.00 with a loss of -0.12% percent or -6.00 point.

TODAY’S FACTORS AND EVENTS

DAX unexpectedly rocketed almost 300 points. Holding above 12000 targets 12030/040 and resistance at 12060/080. Next target and strong resistance is at 12120/130.

First support at 11930/910 but below 11900 risks a slide to 11860/850 before support at 11810/790. Longs need stops below 11775.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,971.17  up with +1.51% percent or178.36 point.the FTSE 100 closed at 7,223.24  up with +0.13% percent or +9.03 point. France’s CAC  40 closed at 5,272.10 up with +0.073% percent or +3.84 point.

WORLD MARKETS

For the day the Dow is trading at 25,332.18 up  with +2.06% percent or +512.40 point. The S&P 500 is trading at 2,803.27 up with +2.14% percent or +58.82 point. The Nasdaq Composite is trading at 7,527.12  up with +2.65% percent or +194.10 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,776.10  with +1.80% percent or +367.56 point. Hong Kong’s Hang Seng is trading at 26,845.12 with +0.31% percent or +83.60   point. China’s Shanghai Composite is trading at 2,861.42 with a loss of -0.030% percent or -0.86 point. India’s BSE Sensex is trading at 40,083.54  with -0.46% percent or ?184.08  point at 12:15 PM.