ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Completes Correction Movement
We saw that DAX40 faced profit realizations after the European Central Bank (ECB) pointed to March to shrink the balance sheet at its meeting last week. However, the data released by the IFO Institute today revealed that the business climate in Germany showed signs of improvement, causing a reaction to the index. In addition, the decline in global investor stress also has an impact. From this point of view, if the index holding the correction zone can recover to 14 115 resistance, it can take its losses back up to 14 290 and then 14 465. In retreats, 13 785 – 13 630 line can be viewed as a strong support zone.
