ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40:Index is Trying to Recover The Losses
We see some loss of momentum in the DAX40 as the consumer confidence index in Germany dropped to a historical low of minus 27.4 points in July. However, it is observed that the index maintains its correction path due to the relative recovery in natural gas contracts and investor risk appetite (Vstoxx: ~ 26.91), which continued their depreciation in the session. Above 13 440 resistance is extremely critical. With the consolidation that will be created by exceeding this level, the 13 785 level, which is marked by the Fibonacci 50.0 percent rejection line above 13 610, may come to the fore. Below, 13 135 – 13 000 range will continue to be a strong support zone.
