ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 recovered from the 2-week lows
Investors’ risk appetite recovers on the second trading day of the week, forward natural gas contracts are also decreasing in price. As a result, we observed recovery movements in the index and it ended the minor wedge pattern after completing its retracement movement started within the region indicated bt Fibonacci lines of 38.2 – 50.0 percent. If the strong resistance of 16 055 is broken upwards, we will follow 16 185 and 16 305 resistance levels. On the other side, 15 830 and 15 720 support levels will be on our radar.
