ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Prepares for Correction
We see that the improvement trend in the investor risk atmosphere in global markets has limited support for the index. At this point, the downside effect of the energy-oriented cost issue, which has come to the fore again in Europe, on the German stocks outweighs. Technically, it seems that the index is preparing for a rising wedge formation. If 14 145 support can be ended with the declines, a correction up to 13 825 can occur behind 14 000. In upside attempts, the 14 450 – 14 620 line will continue to be a strong resistance zone.
