ANALYSIS
NQ100 Finds Support from PPIApr 14
12 960 Support Will Be Critical at NQ100
As the nonfarm payrolls (NFP), the most important data of the US economy, came in line with expectations and the decline in unemployment rates continued, the index entered the new week with pressure on it. While we are following the support of 12 960, which is indicated by the minor uptrend, it may want to continue climbing towards the 13 280 resistance in permanence over this region. However, if the persistence on the 12 960 support cannot be maintained, the current pressure can deepen and cut down to the 13 520 level.
