ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40:Index May Drop to 2-Year Low
While recession concerns are rising against the risks of a complete cut-off of Russian gas in Europe, we are watching selling pressure in the DAX40. If the losses of the index, which ended the wedge formation can sag below the strong 12 500 support and also it can continue to the lowest level since November 2020 with 12 335. In the possible recovery attempts of the index, the 12 795 – 12 960 range is a strong resistance zone.
