ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Prepares for Correction Movement
The new falling cycle in US bond yields eased the pressure on the NQ100 index. If the index, which has received a reaction with the positive outlook in the global investor's risk appetite, is able to recover to the psychological 11 000 resistance, it can correct up to 11 270, which is indicated by the Fibonacci 38.2 percent retracement line, after 11 130. Below, the 10 740 – 10 595 line will be the power harvesting zone.
