The DAX Futures is trading at 11,577.00  up with +0.20% percent or +22.90 point. The FTSE 100 Futures is trading at 7,038.00  with a loss of -0.98% percent or -69.50 point. The CAC 40 Futures is trading at 5,319.50  with a loss of -0.08% percent or -4.50 point. The EURO Stoxx 50 Futures trading at 3,328.00 up with +0.54% percent or +18.00 point.

TODAY’S FACTORS AND EVENTS

DAX holding first support at 11770/760 targets last week’s high at 11830/840. A break higher targets 11880 & minor resistance at 11920/930. Watch for a high for the day. A break higher targets 11990/999, perhaps as far as 12030/040.

PREVIOUS DAY ACTIVITY

For the day Germany’s DAX closed at 11,561.23  with a loss of -0.43% percent or –39.51 point.the FTSE 100 closed at 7,094.98  with a loss of –0.47% percent or –33.20 point. France’s CAC  40 closed at 5,311.83 with a loss of –0.28% percent or  –15.03 point.

WORLD MARKETS

For the day the Dow is trading at 25,628.90  with a loss of –2.37% percent or –623.34  point. The S&P 500 is trading at 2,847.11  with a loss of –2.59% percent or –75.84 point. The Nasdaq Composite is trading at 7,751.77 with a loss of –3.00% percent or –239.62 point.

In other parts of world, Japan’s Nikkei 225 is trading at 20,261.04   with a loss of –2.17% percent or –449.87 point. Hong Kong’s Hang Seng is trading at 25,651.05 with a loss of –2.02% percent or  –528.28 point. China’s Shanghai Composite is trading at 2,863.57  with a loss of –1.17% percent or –33.86 point. India’s BSE Sensex is trading at 37,297.12 up with +1.63% percent or +600.00 point at 12:15 PM.