FRANKFURT (Dow Jones) — The September contract of the DAX futures rose by 99 to 13,299 points on Thursday morning around 8:28 a.m. The daily high so far is 13,359 and the daily low is 13,171 points. Around 3,000 contracts were implemented.
The trend towards consolidation that began on Wednesday is continuing, although there is some momentum from the fact that gas is again flowing from Russia to Europe. Above 13,060 points, the picture remains positive from a technical point of view. Consolidation downtrend holds around 13,250 and is falling fast, technical resistance is identified at 13,300.
DJG/mpt/gos
(END) Dow Jones Newswires
July 21, 2022 02:37 ET (06:37 GMT)