The DAX Futures is trading at 12,004.50 with a loss of -0.36% percent or -43.80 point. The FTSE 100 Futures is trading at 7,401.00 with a loss of -1.48% percent or -111.50 point. The CAC 40 Futures is trading at 5,414.51 with a loss of -2.57% percent or -142.90 point. The EURO Stoxx 50 Futures trading at 3,418.00 with a loss of -0.41% percent or -14.00 point.
TODAY’S FACTORS AND EVENTS
the Dax 30 moved to the lower trading zone 12,033 – 12,175. Yesterday, the index railed above the high end, however, slipped back after then closed below.
Therefore, a close above the high end may push the price towards 12,282 and further close above this level may cause a rally towards 12,527. Although, the daily resistance levels underlined on the chart (zoomed in) would be worth monitoring.
On the other hand, any close below the low end of the current trading zone may press the price towards 11,935. However, the July 18 low underscored on the chart (Zoomed in) needs to be considered. See the chart to know more about the lower trading zone and the weekly support level, the price would encounter in a further bearish scenario.
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 11,975.50 with a loss of -2.14% percent or -269.44 point.the FTSE 100 closed at 7,484.72 with a loss of -1.32% percent or -100.15 point. France’s CAC 40 closed at 5,425.95 with a loss of -2.37% percent or -131.46 point.
For the day the Dow is trading at 26,583.42 with a loss of -1.05% percent or -280.85 point. The S&P 500 is trading at 2,953.56 with a loss of -0.90% percent or -26.82 point. The Nasdaq Composite is trading at 8,111.12 with a loss of -0.79% percent or -64.30 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,087.16 with a loss of -2.11% percent or -453.83 point. Hong Kong’s Hang Seng is trading at 26,896.07 with a loss of -2.43% percent or -669.63 point. China’s Shanghai Composite is trading at 2,867.84 with a loss of -1.41%percent or -40.93 point. India’s BSE Sensex is trading at 36,853.43 with a loss of -0.47% percent or -172.46 point at 12:15 PM.