ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 started to decline
Due to the inflation expectations German 10-year bonds hit 0.717, setting a new record for the last 3.5 years. And we observe a slight increase in investors’ stress level in Europe (VSTOXX: 27.39), leading to sales in DAX40. The index is decreasing below the trendline, which it had been following since March 7, and we will closely follow 14 385. If this level is broken downwards, we will follow 14 195 and 14 000 levels closely. On the other side, 14 800 will be our resistance level above.
