FTSE 100, Dax and Dow rebound from recent lows
Indices staged a recovery on Tuesday, but morning trading so far has been cautious.

FTSE 100 testing 7400
The index managed to rebound on Tuesday, recovering some losses. For a low to be formed, we would need to see additional gains towards 7450, which might then bolster a near-term bullish view and open the way towards the 200-day SMA. A close back below 7310 would negate this view.

Dax rebounds from low
Tuesday saw the index make some headway, building on Monday’s dip below and then recovery above 14,700. While this has halted the selling for now, further gains back above 15,000 would be needed to suggest that a low is in. This might then allow the index to target trendline resistance from the August highs, as well as the 50-day SMA. A close below 14,750 might cancel out this bullish view for the time being.

Dow makes headway
Like other indices, the Dow staged a recovery on Tuesday, but it is not yet certain that a low has been formed. Any continued recovery targets the 200-day SMA and then the October highs around 34,000. A close above 34,100 might signal that a broader rally was underway. A close below the September lows would signal that the sellers have regained control.

Related articles
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.