ANALYSIS
NQ100 Finds Support from PPIApr 14
Dow Jones targeted 36 000
Following the Balance Sheets - Earnings Release in FY21 Q4, gains in US tech and airline companies and low investor stress in international markets support Dow30. Technically, the index continues to move within the ascending channel for the 3rd consecutive week and if it exceeds Fibonacci 61.8 percent expansion line indicating 36 000 strongly, we will take 36 355 and 36 750 resistance levels on our radar. On the other side, 35 320 and 34 930 will be strong support levels.
