​​​FTSE 100, DAX 40 and Nasdaq 100 Regain Lost Ground​​​

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 as US earnings season kicks off.

​​On Wednesday the FTSE 100 rejected the 8,000 mark and slipped to Thursday’s 7,886 low before heading back up again. While 7,886 underpins, the 8,017 early April high will remain in sight.Retail trader data shows 27.75% of traders are net-long with the ratio of traders short to long at 2.60 to 1. The number of traders net long is 7.66% higher than yesterday and 13.72% lower than last week, while the number of traders net short is 7.11% lower than yesterday and 7.92% higher than last week.

​The DAX 40 found support slightly below the October-to-April uptrend line and then formed a potentially bullish hammer on the daily candlestick chart. However, this will only be confirmed on a rise and daily chart close above Thursday’s high at 18,111. If so, the medium-term advance should continue.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyFX /  🏆 305. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTSE 100, DAX 40 and Nasdaq 100 Await Plethora of Central Bank Meetings​​​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of BoE and FOMC rate decisions.
Read more »

FTSE 100, DAX 40 and Nasdaq 100 Await US CPI Print​​​​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of US inflation data and FOMC minutes.
Read more »

FTSE 100, DAX 40 and Nasdaq 100 Regain Some of Last Week’s Lost Ground​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid quiet day on data front.
Read more »

Elliott Wave guide: Boost SP500 & Nasdaq 100 trading strategy [Video]Elliott Wave Analysis: SP500,NASDAQ 100, DAX 40, FTSE 100, ASX200.
Read more »

​​​​​FTSE 100 Drops Back from Eight-Month High, while Dow and Nasdaq 100 Hold SteadyThe FTSE 100 has dropped back from the multi-month high seen this week, while US indices are looking to a flat open after losses yesterday.
Read more »

FTSE 100 rallies off morning low, while Dow and Nasdaq 100 subdued after Friday payrolls​​​​​​​The FTSE 100 is edging higher, while US markets find themselves caught between last Friday’s payrolls and tomorrow’s inflation data. ​
Read more »