ANALYSIS
NQ100 Finds Support from PPIApr 14
Bearish movements continue in DAX40
German index performs differently compared to other developed market indices. The West vs. Russia crisis on energy instruments has led to concerns that cost pressure will increase for German companies, leading to this result. Technically, the index was around the 50-period exponential moving average for a short period of time. And now it continues to move downwards. If it exceeds 14 065 support, losses may gain momentum towards 13 920 level last seen on April 12. On the other side,14 345 and 14 500 levels will be our targets in a possible recovery effort.
