ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Can Be Suppressed Under 12 045
While the technology index, which is under the upward trend, maintains its permanence in the downward channel, we follow the 12 045 resistance indicated by the upper band in the index. Technically, as long as it remains below this region, it is possible for the downward movements to accelerate again, while 11 780 support, which corresponds to the Fibonacci 50.0 percent correction level, can be targeted. On the other hand, if the downward channel ends, 12 165 and 12 280 resistances may come to the fore in the index, which will show recovery.
