ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40:Bond Rate Pressure on the Index
In the first half of the European session, it is observed that the risk appetite has not recovered. While the VSTOXX index points to a relatively high course in investor stress with 31.07 points, the 10-year German bond yields are also putting pressure on the DAX40 with its level above 1.60 percent. As long as the 13 650 level, which is the 21-period weighted moving average, which is technically the short-term determinant of pricing, is maintained above as a resistance, the outlook will remain downward in the index, and the end of the 13 300 support may accelerate the descent to the 3-month low of 13 135.
