ANALYSIS
NQ100 Finds Support from PPIApr 14
12 960 Support is Critical on NQ100
The decrease in the use of liquidity provided by the US Federal Reserve (Fed) to banks after the banking crisis was interpreted by the market as a decrease in the risks related to the process. In this context, while we are following the 13 070 resistance, which is indicated by the Fibonacci 100.0 percent expansion level in the index, which continues its upward movements, 13 280 and 13 400 resistances may enter our radar if this region cannot end the rises. However, if the 13 070 resistance is not overcome, a new decision can be made at the support of 12 860 in the index, which will show decreases.
