Dow, Dax and Nikkei 225 all stage a recovery
Indices managed to rebound on Monday after finishing last week with more losses.
![Indices](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/news-article-image-folder/Adobe_phone_07-30-2024.jpeg/jcr:content/renditions/original-size.webp)
Dow rebounds after post-NFP weakness
The Dow Jones index rallied yesterday, recouping the losses suffered on Friday and moving higher from the near the 50-day simple moving average (SMA), averting a more bearish view.
Notably it did fail to push on above 41,000 and the highs from Friday, so this will be a crucial goal for the bulls in upcoming sessions. A close above 41,000 would help to suggest that a low has formed and a push back to the recent record high could result.
A reversal and close back below the 50-day SMA helps to suggest further losses and that September’s often weak seasonality is taking effect once more.
![Dow Jones chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/platform-article-images/Dow_100924.png/jcr:content/renditions/original-size.webp)
Dax recovers from Friday low
After slumping to a near four-week low on Friday, the DAX index managed to recover yesterday.
Further gains above 18,500 would help to suggest that a low has formed and that, like the Dow, the index can push on to the recent record highs.
Sellers will want to see a reversal that takes out the 18,200 low from Friday and Monday, and then opens the way to the 200-day SMA, currently 17,833.
![Dax chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/platform-article-images/Dax_100924.png/jcr:content/renditions/original-size.webp)
Nikkei 225 steadies after early September losses
Buyers managed to step in here to defend the Nikkei 225 index too, halting a decline that had seen the index lose 4,000 points since the beginning of the month.
Nikkei bulls will be hoping this marks the establishment of a higher low, and that additional gains above 37,000 can result that will put the index back on course for 39,000. This would continue the recovery from the August intraday lows towards 30,000 and around the closing lows of 35,500.
A reversal back below 35,000 signals that the sellers have the upper hand once more.
![Nikkei 225 chart](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/platform-article-images/Nikkei_100924.png/jcr:content/renditions/original-size.webp)
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