ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 started to recover
As the balance sheet season approaches in the USA, the expectations that technology companies will announce strong financial statements give strength to NQ100 index in a setting where investor risk appetite is high. Considering these, NQ100 broke the descending trend and when it exceeds 15 420 resistance level, we will follow 15 545 and 15 670 levels. On the other hand, the 50-period simple moving averaga marked by 15 180 level will be on our radar as the strong support.
