ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 continues to move upwards
In the US, the White House is considering a restriction plan, which is not involving curfew, led to a decline in recovery movements of NQ100. However, expectations that FOMC will not increase the rates earlier give a hint about the bullish potential of the index. Consequently, if it exceeds 16 440 resistance and puts an end to the minor channel, upward movements will target 16 570. On the other side, we will keep an eye on 16 210 – 16 060 support zone.
