ANALYSIS
NQ100 Finds Support from PPIApr 14
NASDAQ is likely to lose more
Strong non-farm payrolls data in the US has led to rises in NASDAQ. However, Russian invasion of Ukraine continues and news that US will implement sanctions on Russian oil put pressure on the index. Technically, the index continues to move downwards and if it breaks 13 500 level, we will follow 13 330 support. On the other side, 13 800 level will be our resistance above.
