ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 recovered 2-day losses
We observe recovery moves in DAX40 following the decline in the investors’ stress in Europe on the third trading day of the week. The index started its recovery from the lowest levels observed since October 6 and now it is targeting 15 585. If it exceeds this level, Fibonacci 61.8 percent fan line indicating 15 735 will be on our radar. On the other side, 15 330 – 15 190 range will be our support zone.
