ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 Prepares to Recover Weekly Losses
The fact that the German government sold its shares in Lufthansa, Europe's second-largest airline, which it owned with the bailout aid during the pandemic period, generated a short-term selling weight on the DAX40. On the other hand, the index shows a resilient stance with the hopes that the cost pressures of German companies will ease with the EU's price ceilings for Russian energy, the weak euro, and the improvement in the international investor risk atmosphere. Technically, the index, which completes the correction movement with its dissolution, continues to defend the minor upward trend. In the recovery that can take place over 13 195 above, 13 345 levels may once again be on the agenda of the markets. In possible sagging below the trend line, 12 920 and 12 765 supports can be followed.
