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DAX set for a slightly lower opening this morning
The technically weak close for the DAX on Friday was covered here yesterday morning and that outside day reversal at the end of last week did deliver a lower close for the index yesterday. The DAX fell back to a low at 20,304 and closed 92 points lower, at 20,313. It was not the worst performing major European index though, as that mantle was grabbed by the CAC 40. Right now both are priced to open lower in around 40 minutes and of course the DAX has both the IFO and the ZEW indexes to contend with a little later this morning. The DAX is currently set to open at around 20,285
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