The beginning of Thursday’s session was optimistic. DAX rose after Wednesday’s drops and right after 11 AM it reached 10,300 pts for a second. Right after drops started on S&P500 futures and DAX also went south.

Finally futures ended with flat candle with long wicks and all German indices ended in the red zone. DAX -0.9%, MDAX -0.3%, SDAX -0.5%, TECDAX -0.28%. 21 of 30 DAX stocks ceased. The biggest gain had Lanxess +3.05%, the biggest drops had companies from energy sector – E.ON (-7.61%), RWE (-4.26%).

On the futures chart nothing changed. It is still moving in upward channel and yesterday’s session (marked yellow) didn’t change anything. In the next week decision of FOMC about rates in US. Everyone waits for it and today’s session can be similar to Thursday’s.

2015-09-11_podsumowanie_sesji_CZ_FDAX_H1-1024x633 (1)

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