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DAX futures eyeing 18k this morning
As mentioned here earlier, the DAX and the CAC 40 failed to make progress yesterday. Both indexes also missed out on the later US rally and closed lower on the day. The DAX had earlier stalled just short of 18k and fallen back below 17,900, before later closing 35 points lower, at 17,896. However, the index futures are higher this morning and right now pricing a potential effective reopening at above 18k. The close yesterday below its 50 day moving average (then at 17,922) was technically negative, but that might not hold much water this morning. We shall soon see when live trading resumes shortly
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Gold rises above technical resistance to set a new record high this afternoon
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