Another record for the DAX today?-check out the futures right now

On Friday the DAX just about managed to post a new record daily close and a new record weekly close. That close was at 20,384 and down slightly from the new all time record the index set earlier in the day, at 20,425. The opening outlook this morning is currently abover where the index closed on Friday. The question this morning is will the DAX push above 20,425 and set another record today? Well, of course that looks very possible and the technical picture has little to argue against the prospect right now. The 14 day RSI (Relative strength index) is surprisingly not that overcooked yet. The prospect of an ECB rate cut (1.15pm GMT Thursday December 12) this week is clearly a supporting factor and the markets are expecting the ECB to lower rates by 0.25% on Thursday. What if they move more aggressively, with a 0.50% reduction? Even if that transpires, is it not arguable that such is already priced into the DAX at these record levels? Well, this analyst might agree with that, but it is the market that matters more right now. Thew DAX is currently priced to reopen shortly, at around 20,410 and getting a boost from comments emerging out of China a moment ago