After a weak session yesterday the DE30 failed to rebound at the opening today, flirting with 11600 points, the lowest level since August 2019. The primary reason behind the sell-off is a quick spread of the virus in Germany, where the number of cases exceeded 500 and is second highest in Europe, behind Italy. We can see a strong downward trend on m15 interval, where 75 LWMA is continues to pose a strong resistance.
Morning wrap (22.10.2025)
Daily summary: Markets on Hold Ahead of Netflix Earnings
US OPEN: Netflix in Wall Street’s Spotlight
Chart of the Day: JP225 (20.10.2025)