ANALYSIS
NQ100 Finds Support from PPIApr 14
15 300 resistance will be decisive in DAX40
In Germany, coronavirus cases are still close to the highest levels of all times. Following the anchored inflation expectations, Germany 10-Year Bond Yields are close to zero for the first time since May 2019. Vstoxx, an indicator of investors’ stress level in European market, is 32.68 indicating the highest level since December 6 and selling pressure continues in DAX40. As long as it stays below 15 300 resistance, we will follow 15 000 and 14 840 levels closely. On the other side, 15 435 will be our resistance in upward moves above 15 300.
