DAX Futures Morning Update on 30 July

The DAX Futures is trading at 12,516.00 with a loss of -2.60% or -334.50 point.The FTSE 100 Futures is trading at 5,994.00  with a loss of -1.75% percent or -107.00  point. The CAC 40 Futures is trading at 4,899.50 with a loss of -1.13% percent or -56.00 point.The EURO Stoxx 50 Futures trading at 3,238.00 with a loss of -2.06% percent or –68.00 point.

TODAY’S FACTORS AND EVENTS

DAX shorts at 12900/930 target first support at 12780/770, which has been hit. Further losses target the 12630/620 level, with best support at 12560/530. Stop below 12480.

A selling opportunity again at 12940/960 with stops above 13050. A break higher is a buy signal for today targeting 13180/200 before a retest of 13300/05.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 12,500.53 with a loss of -2.51% percent or –321.73 point.the FTSE 100 closed at 6,033.12 with a loss of –1.60% percent or –98.34  point. France’s CAC  40 closed at 4,888.95  with a loss of –1.41% percent or –69.79  point.

WORLD MARKETS

For the day the Dow is trading at 26,539.57 up with +0.61% percent or +160.29 point. The S&P 500 is trading at 3,258.44  up with  +1.24% percent or +40.00 point. The Nasdaq Composite is trading at 10,542.94 up with +1.35% percent or +140.85 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,339.23 with a loss of –0.26% percent or –57.88 point. Hong Kong’s Hang Seng is trading at 24,710.59 with a loss of –0.69% percent or –0.69%  point. China’s Shanghai  Composite is trading at 3,286.82 with a loss of –0.23% percent or ?7.73 point. India’s BSE Sensex is trading at 37,736.07 with a loss of -0.88% percent or –335.06  point at 12:15 PM.