ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 targeted new records
Natural gas prices, which were very high in Europe, started to decline. Thus, expectations that cost pressures on financial statements of the companies will be relieved are supporting the index, which is in the recovery trend. Technically, it broke the descending wedge pattern upwards and if it exceeds 16 170, we will follow 16 300 level, a new record level. On the other side, 15 920 and 15 795 will be on our radar.
