ANALYSIS
NQ100 Finds Support from PPIApr 14
Uptrend Potential Continues in DAX40
On the fourth trading day of the week, we see that the investor sentiment in the European markets is in a recovery trend (VSTOXX: 21.17). In this regard, the effect of the January delivery natural gas prices, which fell below 120 euros in the Dutch TTF, is extremely high. On the other hand, the expectations that the US Federal Reserve (FED) will be less aggressive in tightening monetary policy also support the stock market. Under this outlook, the 14 600 level may come to the fore in a suppressed transition of the DAX40 index, which defends the recovery channel, to the 14 460 resistance. In the declines, the 14 155 – 14 000 line will continue to be the consolidation zone.
