ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Minor Uptrend Is Being Followed
Although the weak economic data from the US economy provided a positive support, the decline in technology shares caused a horizontal appearance in the index. However, while maintaining the upward momentum for the index, which is above the 13 060 – 12 900 support range, it may be desirable to target 13 280 and 13 430 levels in a permanence that can be achieved above the 13 180 resistance. On the other hand, if the 13 060 support cannot prevent the declines in the short term, a new decision phase can be started in the 12 900 region.
