ANALYSIS
NQ100 Finds Support from PPIApr 14
NASDAQ is likely to decline today
Low investor stress levels in US markets (VIX: ~ 20.81) have led to bullish moves in the index. However, high inflation forecasts worldwide and high 10-year treasury rates put pressure on NASDAQ-100. Technically, unless it exceeds 14 850 level, we will follow 14 600 closely. If this support is broken downwards, 14 460 will be our second support level. On the other side, 15 000 level will be on our radar above 14 850.
