ANALYSIS
NQ100 Finds Support from PPIApr 14
100 WMA Will Be Decisive in DAX40
The investor risk atmosphere continues in international markets. VSTOXX, the indicator of investor sentiment in European markets, is around 21.30 points. On the other hand, while the German 10-years settled below the threshold of 1.00, the DAX40 remains resilient with the demand reflected by the weak euro. Technically, as long as the 13 700 level indicated by the 100-period weighted moving average (WMA) is defended as a support, the buys that will be in effect may force the DAX40 to reach the psychological borderline of 14 000 for the first time since June 10. If it is above this level, 14 180 resistance can be observed. 13 545 support will be followed in possible sags below 100 WMA.
