ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 started the week with downward moves
As positive statetemens from FOMC members continue, US 10y treasury, which raised above 1.60 percent in international markets, halted the recovery movements on recovery movements. Technically, the index uses 15 165 indicated by the 200-period exponential moving average as the strong resistance level and if it breaks 15 000 support downwards, it may deepen to 14 890 level marked by Fibonacci 50-percent retracement line. In case, we see it exceeding 15 165, on the other side, 15 245 resistance level will be on our radar.
