ANALYSIS
NQ100 Finds Support from PPIApr 14
New strain increases pressure on DAX40
Omicron straint led to low investor risk appetite in Europe, which is already struggling in the fight against other straints of Covid-19 (VSTOXX: 30.07). As a result, DAX40 is under high pressure and if it breaks 15 100 support downwards, losses will possibly deepen to 15 000 and 14 870 supports. On the other side, 15 320 plays a decisive role in possible recovery movements. When we observe a permanent closing price above this level, we will follow 15 460 resistance.
