DAX closed at best levels of the week above 23k on Friday- Futures off best levels this morning

The DAX continued to power ahead last week and as suspected, on Friday that led the index back above 23k for the first time since hitting a nadir on 18,489 on April 7. Whatever you think or try to digest that, it is an incredible rebound. So, on Friday the index closed at the highest level of the week, at 23,086, rising by 589 points on the day. That close has taken it yet another step nearer to eradicating that whole fall from the record at 23,476.  That close on Friday also marked what was a fourteenth day of consecutive higher closes.  However, overnight the DAX futures have been led lower by the US markets. Prior to that the DAX was priced to reopen above 23,150. The current indication on that is much closer to where it closed on Friday. So, it remains to be seen, if the index can make it 15 days of higher closes by the end of the session today. We shall have to see on that. The DAX is currently priced to reopen around 23,105