ANALYSIS
NQ100 Finds Support from PPIApr 14
DOW30 keeps rising
After NDAA was signed into law by President Biden, positive movements continue in US stocks. The decline in the investors’ stress levels (VIX:17.54) and 10-year treasuries’ staying below 1.50 percent contribute to these movements Technically, the index continues to rise above Fibonacci 50.0 percent fan line and after exceeding 36 570, we will follow 36 720 and 36 880 targets. In case of a decline below the fan line 36 320 and 36 200 support will be on our radar.
