ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 could further decline
Concerns that high energy prices in the European session will create cost pressure on the profitability of companies in the balance sheet season weaken DAX40 index. Technically, the index fell below the minor ascending wedge pattern and indicated that a possible descending trend is coming. If it breaks 15 390 support, we will follow 15 265 and 15 135 levels. On the other side, 15 620 resistance is still significant for us.
