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Yesterday the major European stock market indexes all closed higher. The best performing index in percentage terms was the DAX. The index closed 0.76% higher. The DAX rose 112 points, closing at 14,923. The later gains stateside and higher closes there have helped the DAX future to pile on more gains ahead of the opening this morning. At one stage the DAX futures were pricing a reopening to above 15,030. The odds of the index reclaiming the 15k handle when live trading resumes look nailed on too. On the assumption that looks likely, the nearest resistance level of any note could be the current 21 day moving average. That was in place, as of the close last night at 15,042. The DAX futures are currently pricing a reopening at 15,010
The DAX did reopen higher today. That outlook was noted here earlier before live trading resumed. The index closed on Friday at 18,301 and the futures...
On Friday the US stock markets all slumped to a lower close. As already noted here this morning, the losses were led by the Nasdaq 100 and that...
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