ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Can Target 12 860 Resistance
Continuing its upward momentum on the uptrend, it may be possible for the current momentum in the technology index to reach the Fibonacci 161.8 percent expansion line. While it is possible to increase volatility in the interest rate decision to be announced by the US Federal Reserve (Fed), if the 12 860 resistance is overcome, the rises may continue until the 12 980 level. On the other hand, if 12 860 resistance is not exceeded and decreases are exhibited, we will follow the 12 620 support indicated by the uptrend.
