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Watch out for these levels on the FTSE and Dax

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It’s a busy week as far as the FTSE’s concerned; the European Central Bank meets on Wednesday and the latest US jobs data comes out on Friday. As we head in to the last quarter of the year, Thomas Light from Faraday Research explains how he plans to trade the FTSE 100 from a technical perspective.

He also says the DAX paints a more bearish picture. Data on Friday showed that the Gfk German consumer climate index ticked down to 8.3 this month, from a reading of 8.6 in August, adding to concerns over the outlook for growth in the euro zone's biggest economy. Here he talks through the levels investors should look out for when it comes to the DAX this week.