ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 is waiting for the FOMC meeting
Following the Labor Day holiday, markets are calm and transactions are low in volume. However, the Federal Open Market Committee’s decision, which will be announced today at 20:00 (GMT+2), is expected to be a rate hike decision, leading to weak performance in NASDAQ. Technically, as long as it stays below 13 300 resistance indicating the 50-period exponential moving average, we will follow 12 980 and 12 810 support for possible losses.
