ANALYSIS
NQ100 Finds Support from PPIApr 14
DOW30:The Recovery Continues in the Index
The recession continues to be priced in the US stock market. On the other hand, there is the effect of the recovery in risk appetite in global markets. (VIX: ~ 28.18). An important factor here is that the People's Bank of China (PBoC) announced that it will continue to be expansionary in monetary policy to support the economy. Under this outlook, the DOW30 index, which signals that it will continue its positive course on the first trading day of the week, can continue its recovery until the psychological 32 000 resistance if it passes above the 31 800 level permanently. In possible downward movements in the index, 31 100 support can be followed after 31 340 support.
