ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 Prepares to Erase 6-Month Losses
The tension of the Spy Balloon crisis on the USA - China line did not rise as much as the markets were worried. The tension of the Spy Balloon crisis on the USA - China line did not rise as much as the markets were worried. On the other hand, improving investor sentiment sparked a backlash for equities, with the Federal Open Market Committee (FOMC) members' statements confirming the slowdown in tightening monetary policy. From this point of view, if the index, which opens the way for upward expansion by breaking the minor trend, can exceed the 12 680 point level indicated by the Fibonacci 61.8 percent expansion line with permanent closures, it can target 12 855, then 13 030, 6-month high. The 12 325 – 12 155 line below will continue to be the power harvesting zone.
