ANALYSIS
NQ100 Finds Support from PPIApr 14
NASDAQ is still bearish
Chicago Fed President Charles Evans said that 50-bps rate hike is ‘worthy’ of consideration in May meeting and high course of US long-term treasuries and the dollar index continues to put pressure on the NQ100 index. In addition, the inflation figures that will be announced in the USA today will be closely followed by the markets. Technically, as long as the technology index, which continues under pressure on the second trading day of the week, remains below 14 150 level, it may consider 13 680 support below 13 800. On the other hand, 14 260 resistance can be followed above 14 150.
