ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100:Index on Recovery Path
Recession concerns in global markets have been putting the NQ100 index under pressure. However, we see that the demand for the index remains alive with the US 10-year bond yields below 3.00 percent and the decrease in investor stress (VIX: ~ 26.73). Technically, the technology index, which continues its recovery on the fourth trading day of the week, can continue to recover until the 12 140 resistance if it can be permanently surpassed the psychological 12 000 level. In the downside movements that may be experienced, 11 750 support can be followed.
