Major European indices close in the red. Give up gains of over 1%

Technical Analysis

German Dax -0.9%. France’s CAC -0.5%

The major European indices are closing in the red. The all gave up gains of nearly 1% or more at their intraday highs.  The provisional closes are showing:

  • German DAX, -0.7%. At the intraday high, the index was up 1.14%
  • France’s CAC, -0.5%. The high price for the day was up 1.13%
  • UK’s FTSE 100 -0.15%. The high price for the day reached 0.96%
  • Spain’s Ibex -0.7%. The high price for the day reached 0.9%
  • Italy’s FTSE MIB -0.3%. The high price for the day reached 1.07%

For the week:

  • German DAX, -0.6%
  • France’s CAC -0.5%
  • UK’s FTSE 100 +1%
  • Spain’s Ibex, -1.9%
  • Italy’s FTSE MIB +0.2%

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