The DAX Futures is trading at 12,548.20 with a loss of -0.09% percent or -11.80 point.The FTSE 100 Futures is trading at 7,460.80 up with +0.23% percent or +17.30 point. The CAC 40 Futures is trading at 5,635.39  up with 0.53% percent or +29.53 point.  The EURO Stoxx 50 Futures trading at 3,544.00  up with +0.08% percent or +3.00 point.

TODAY’S FACTORS AND EVENTS

The DAX had a nice, gradual pullback from the July high in play. Yesterday’s pop through the top-side of the bull-flag pattern sets into motion a move to the monthly high at 12656. Should at least get to that point, with a new high seen as having a good likelihood. Keep in mind tomorrow is the ECB meeting and it could get interesting, so be mindful of how this may impact current positions and/or ideas.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 12,562.55 up with +0.33% percent or +40.90 point.the FTSE 100 closed at 7,518.18   up with +0.22% percent or +16.72 point. France’s CAC  40 closed at 5,644.64 up with +0.69% percent or +38.78 point.

WORLD MARKETS

For the day the Dow is trading at 27,269.97 with a loss of -0.29% percent or -79.22 point. The S&P 500 is trading at 3,019.56 up with +0.47% percent or +14.09 point. The Nasdaq Composite is trading at 8,321.50 up  with +0.85% percent or +70.10 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,756.55   up with +0.22% percent or +46.98 point. Hong Kong’s Hang Seng is trading at 28,583.19  up with +0.21% percent or +59.15 point. China’s Shanghai Composite is trading at 2,937.36 up with +0.48% percent or +14.08 point. India’s BSE Sensex is trading at 37,827.23   with a loss of -0.054%percent or -20.42 point at 12:15 PM.