ANALYSIS
NQ100 Finds Support from PPIApr 14
NASDAQ started to recover following the Fed decision
25-bps-rate-hike of the Federal Reserve has put pressure on the index; however, Fed Chair Powell’s statements have not been as hawkish as expected, leading to ease of that pressure. Thanks to the recovery in risk appetite in the markets, we see upward movements in the index. If it exceeds 14 170 permanently, we will follow 14 300. On the other side, 13 850 and 13 720 will be significant supports for us.
