European indices close mostly higher on the day and for the week

The major European indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term are ending the day and the week mostly higher. The exception is the Spain's Ibex which saw declines today and declines for the week.

A snapshot of the day shows:

• German DAX, +1.34%
• France's CAC, +0.44%
• UK's FTSE 100 +0.1%,
• Spain's Ibex, -0.27% Spain's
• Italy's FTSE MIB, +1.0%

For the trading week:

• German DAX, +1.58%
• France's CAC, +1.72%
• UK's FTSE 100 +0.48%
• Spain's Ibex -0.93%
• Italy's FTSE MIB +1.93%

Looking at the hourly chart of the German DAX, the price today moved back above its 100 hour moving average at 12889.94. On June 27 and June 28, the price also moved above that moving average level only to move back below its way to a low of 12390.95 on July 5. If the price can stay above that MA going forward, it would give buyers more confidence to push higher toward the falling 200 hour MA at 13157.59 and the 38.2% at 13276.59.