NQ100 Declines After Powell



The statements made by the US Federal Reserve Bank (Fed) Chairman Jerome Powell in front of the screen after the 25 basis point interest rate hike has decreased the risk appetite in the market. While 12 515 is in the critical support position in the index, which we fell under a minor uptrend after Powell, who expressed the uncertainties regarding the banking sector, if this region does not end the declines, it may be possible to accelerate the decreases up to 12 300. In possible rises, we will be watching the 12 860 resistance.