ANALYSIS
NQ100 Finds Support from PPIApr 14
102.75 will be the key in Brent oil
Russian President Putin’s statement that there are positive shifts in the negotiations between Russian and Ukrainian delegates led to downward moves in Brent oil. However, bullish moves still dominate as the supply concerns continue along with the invasion. Technically, as long as 102.75 indicated by the lower line of the major trend is not broken downwards, we will follow 108.35 and 110.70 resistance levels. On the other side, 100.00 will be our support below 102.75.
