FTSE and DAX today’s ratio levels, table and comments

FTSE and DAX Hedge Ratio Table 15th August 2017


Back on the 21st July we mentioned the huge potential range of this market and since then the ratios above the zone have hardly changed so the high last week of 7551.85 neatly coincides with R1.

Before we left we mentioned the NZ was going to change so to see it at 7350-7450 should also come as no surprise.

Back in July we were going for a low of 7250 so as it was 7296.48 we have missed that by a bit.

However being back in their zone with a day to go puts everything back on track, and is also probably why.

The astute may notice this is the more normal format but hopefully by tomorrow we will be able to produce the rollover format it should be.


Range:            7250  to  7350      or      7350  to  7450

Activity:          Average

Type:              Neutral


We left the DAX with a falling NZ and collapsing ratios so with this in mind it has actually done very well and ironically is back to where it was when we left, 12181.

Back in late July we don’t think we made any specific forecast here as basically the R1 ratio levels went from 12150 all the way up to 13050.

This index has never left bear territory and has essentially been in damage limitation mode, to which end it still has a day to go.

All we can add at this stage is the next NZ will in all probability be 12150-12550 tomorrow, so all this index has to do now is tread water for one more day.


Range:            11950  to  12250

Activity:          Average

Type:              Neutral

August 15th, 2017 by