The DAX Futures is trading at 10,871.50 up with +1.12% or +120.60 point. The FTSE 100 Futures is trading at 5,904.90 up with +1.27% percent or +73.90 point. The CAC 40 Futures is trading at 4,501.44 up with +1.54% percent or +68.06 point. The EURO Stoxx 50 Futures trading at 2,886.00 up with +0.87% percent or +25.00 point.
TODAY’S FACTORS AND EVENTS
the DAX, the Euro Stoxx 50 has had a somewhat muted session thus far with the index trading in a relatively tight range. As we have noted previously, the Euro Stoxx is not out of the woods yet until the index shows a decisive break above topside resistance at 2990-3000. That said, for confirmation of a near-term top in the corrective rally, a closing break below the 23.6% Fibonacci retracement would be needed.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 10,759.27 up with +1.44% percent or +153.07 point.the FTSE 100 closed at 5,935.98 up with +1.40% percent or +82.22 point. France’s CAC 40 closed at 4,501.44 up with +1.54% percent or +68.06 point.
WORLD MARKETS
For the day the Dow is trading at 23,664.64 with a loss of -0.91% percent or -218.45 point. The S&P 500 is trading at 2,848.42 with a loss of –0.70%percent or -20.02 point. The Nasdaq Composite is trading at 8,854.39 up with 0.51% percent or +45.27 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,674.77 with 0.28% percent or +55.42 point. Hong Kong’s Hang Seng is trading at 23,970.39 with a loss of –0.69% percent or –167.09 point. China’s Shanghai Composite is trading at 2,871.52 with a loss of –0.23% percent or –6.62point. India’s BSE Sensex is trading at 31,508.18 with a loss of –0.56% percent or –177.57 point at 12:15 PM.
Rules of Discussion on DAX Futures
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.