12 860 Resistance Remains Important in NQ100

Before the PMI figures from the US economy today, upward movements in the index, which is under a minor upward trend, may be limited. While 12 860 resistance, which is indicated by the Fibonacci 100.0 percent expansion level, continues to be our first critique, decreases towards 12 515 support may be exhibited in the downward pressures that will occur as long as we remain under this region. On the other hand, if the 12 860 resistance is exceeded in the possible rises, the 12 980 and 13 060 resistances may come to the fore.