Levels to watch: FTSE 100, DAX and Dow

Reports of progress in trade talks have provided a catalyst for further upside in indices.

FTSE 100 Source: Bloomberg

FTSE 100 looks to build on Thursday’s gains

After a very strong day yesterday the FTSE 100 has pushed higher, with the recovery now firmly in place unless a close below 7150 is seen.

Further upside targets 7370, and then on to 7470. Support in any pullback may be seen around 7220

FTSE 100 chart

FTSE 100 chart

Heavy going for DAX as rally continues

The DAX has moved higher, although it has been a fairly choppy move thus far, from 11,704 to 11,824.

A move below 11,400 would likely break the sequence of higher lows seen over the past few days.

DAX chart

DAX chart

Dow looks to retest the highs of the week

After stumbling mid-week, the Dow Jones has recovered, to the point where it has reached the 25,800 area that held back progress on Tuesday.

Above 25,800 the price heads towards 26,000, and then on to 26,160.

Dow Jones chart

Dow Jones chart


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