ANALYSIS
NQ100 Finds Support from PPIApr 14
NASDAQ started the week with losses
The NQ100 index rose slightly as Chinese technology stocks soared after China took a step to resolve the dispute with the US over the audit of companies' financial reports. However, Fed members messages about tightening against high inflation are increasing the pressure on NASDAQ. On the first trading day of the week, the index declined within the ascending wedge pattern and if it breaks 14 700 downwards, we will follow 14 560 support. On the other side, 15 000 resistance will be significant for us.
