FTSE 100, DAX 40, Dow Jones 30FTSE 100 holds above supportThe index bounced from the 8150 support zone yesterday, halting any downside for the time being.Recent gains have petered out around 8300, so a close above this is needed to revive a bullish view in the short term and open the way to the May highs.FTSE 100 Daily ChartDax bounce fails to carry onWhile the index bounced from the lows of the session yesterday, and held above the 50-day simple moving average (SMA), it has failed to carry on these gains.A close back below the 50-day SMA brings the 100-day SMA into view. This acted as support throughout June. Bulls will want to see a close back above 18,700 to put the index back on course to reach the previous highs.DAX 40 Daily ChartDow leaps towards 41,000The index surged yesterday, building on the strong gains of the previous week.It currently sits at a new record high, just below 41,000. Some consolidation may be expected around current levels but the overall bullish view remains intact.Some short-term weakness may test the 40,000 level once more.Dow Jones Daily Chart
element inside the element. This is probably not what you meant to do!
Load your application’s JavaScript bundle inside the element instead.
Source link
