ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 has contained its losses
According to data released by Destatis today, industrial production, adjusted for seasonality and calendar effects, in Germany declined contrary to the expectations and led to sales in the index. However, the index faced with reaction in these sales due to the ease in the stress levels of the investors. Technically, the index continues to move within the recovery path and if it breaks 15 250 resistance, we will follow 15 365 and Fibonacci 61.8 retracement line indicating 15 480. In possible moves below the minor trendline, we will follow 15 000 closely.
