ANALYSIS
NQ100 Finds Support from PPIApr 14
35 000 level will be crucial in DOW30
We observe losses in US treasuries and US 10Y treasuries has declined to 2.83 level. In addition, VIX is 22.53, indicating a low stress environment. We see DOW30, which started the day around 34 511, goes upwards. Here 35 000 will be significant. If this levels is exceeded, minor descending wedge will be broken and 35 280 will be the new target. On the other hand, we will also follow 34 510 – 34 300 zone in possible bearish moves.
