ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Is Positive In The Uptrend
Permanence in the technology index, which went on a minor downtrend in the rising process that started with the restructuring of Alibaba in China, is critical. 12 900 – 12 950 resistance range can be targeted as long as we stay above this region in the index, where we follow the 12 720 support indicated by the downtrend. If 12 720 support cannot end the declines in possible falls, the 12 650 support indicated by the 50-period exponential moving average (EMA) may enter our radar again.
