ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 is under high pressure
After 20 months the People’s Bank of China decided to cut loan prime rate and along with Omicron variant concerns in the financial markets led to sales pressure on stocks. As a result, DAX40 index declined to the lowest level of the last 20 days. As long as the index stays below 15 360 level, 15 120 and 15 000 will be on our rada. On the other side, we will closely follow the zone between 15 485 and 15 610 above 15 360.
