ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Continues to Maintain Its Upside Movement
The positive impact of the recovery in risk appetite on the NQ100 index continues, as the People's Bank of China (PBoC) cut the policy rate by 10 basis points to 2.75 percent to support the economy. Technically speaking, if the technology index, which confirms the rising channel movement on the second trading day of the week, leaves the 13 820 level behind with permanent closes, the psychological 14 000 resistance may enter the radar of market players. In the downside attractions that may be experienced, 13 480 followed by 13 300 support may come to the fore.
