After few days of break China is back in game. Almost 3% of gain in China and good close in USA competed yesterday with weak data from Germany. In the beginning fear won and DAX lost in half an hour 60 pts. Eventually session in Europe ended with grows: FTSE100 +0.61%, CAC40 +0.18%, WIG20 +0.76% and investors were looking forward to FOMC Minutes.
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There was nothing new in this report, but first reaction of markets was positive. All German indices ended up with gains: DAX +0.23%, MDAX +0.82%, TECDAX +0.31%, SDAX +0.19%. 22 out of 30 DAX companies gained, the most Lufthansa +4.21%, K+S +3.29%. 8 companies lost some value, the most Bayer -1.80% and Deutsche Bank -1.77%.
On M30 DAX FUTURE since beginning of October price is moving in bullish channel, yesterday lower band was under pressure. Supports on DAX FUTURE: 9,980-10,010, 9,880, 9,730 pts. Resistances: 10,090, 10,170 pts.
