ANALYSIS
NQ100 Finds Support from PPIApr 14
NASDAQ is bearish today
Zaporizhzhia Nuclear Power Plant was captured by Russian Army today, further increasing the investors’ stress levels in international markets. In addition, Fed Chair Powell’s statement that the inflaiton is high and a tightening policy might be needed increased the pressure on NASDAQ-100. Thus, we observe bearish moves in the index, and if it breaks 13 800 downwards, we will follow 13 620 support closely. On the other side, 14 100 resistance will be on our radar.
