DAX Futures Morning Update on 27 Feb. 2020

The DAX Futures is trading at 12,453.50  with a loss of -0.63% percent or -79.10 point.The FTSE 100 Futures is trading at 6,873.50 with a loss of -0.59% percent or -40.70 point. The CAC 40 Futures is trading at 5,552.50 with a loss of -0.85% percent or -47.50 point.  The EURO Stoxx 50 Futures trading at 3,494.00 with a loss of -0.80% percent or -28.00 point.


DAX longs at key Fibonacci support at 12990/970 were offered up to almost 200 ticks tick profit as we topped 2 ticks from first resistance at 13160/170. If you managed to short we collapsed again to 12990/970 but this time longs were stopped. However, we got a chance to sell the bounce to 12970/990. We topped almost exactly here before hitting all downside targets with a 400 tick crash.


For the day Germany’s DAX closed at 12,774.88 with a loss of –0.12% percent or –15.61  point.the FTSE 100 closed at 7,042.47 up with +0.35% percent or +24.59 point. France’s CAC  40 closed at 5,684.55 up with +0.086% percent or +4.87  point.


For the day the Dow is trading at 26,957.59 with a loss of –0.46% percent or –123.77  point. The S&P 500 is trading at 3,116.39 with a loss of –0.38% percent or –11.82 point. The Nasdaq Composite is trading at 8,980.77 up with +0.17% percent or +15.16 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,948.23 with a loss of –2.13% percent or –477.96  point. Hong Kong’s Hang Seng is trading at 26,734.81 up with +0.14% percent or +38.32   point. China’s Shanghai Composite is trading at 2,991.33 up with 0.11% percent or +3.40  point. India’s BSE Sensex is trading at 39,612.07 with a loss of –0.64% percent or –256.52 point at 12:15 PM.

You may also like...

Rules of Discussion on DAX Futures Morning Update on 27 Feb. 2020

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …