DAX futures rising into the opening

As noted here yesterday evening, it was not a great set of closes for the major European stock market indexes. The CAC 40 was the worst performer and the DAX gave up its earlier attempts to rebound and closed 109 points lower, at 19,295. For most of the Asian session today the DAX futures were in the red. Well, that is not the case leading into the European opening shortly. The DAX futures have since pushed up towards an opening indication nearer to 19,350. Of course the initial price action might belie that and it will be rapid in early trading, as is usual these days. The record closes in the US last night do now seem to have added a layer of support that was not there earlier today. We shall see, if the DAX can extend above the highs seen yesterday, at 19,385. A failure to do that will risk another relapse, but right now it looks to be in the balance. The DAX is just now priced to reopen shortly, at around 19,330