ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Prepares for Correction Movement
As S&P Global reported yesterday, we see that the DAX40 is struggling to maintain its gains, as the PMI, which is the leading indicator of economic activity in Germany, continues to stay below the threshold with 46.3 points in November. In the index pricing, where bearish signals are received behind the moving intermediate trend line, if the 14 290 support can end with permanence, a correction up to the psychological 14 000 may be possible, behind 14 155. The 14 580 – 14 720 line above will continue to be a strong resistance zone.
