ANALYSIS
NQ100 Finds Support from PPIApr 14
High pressure may force DAX40 to hit 15 000
Sales pressure on DAX40 index increased its effect following the news that Omicron variant was identified in Europe and Fed Chair Powell’s remarks that tapering might be completed sooner than expected. Technically, as long as the index stays below 15 540 level, falls will continue. In further decreases, 15 125 might be broken and the index may lay eyes on 15 000 level. On the other side, we will follow 15 675 above 15 540 support.
