ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100: The Index May Continue to Decline After the FED
Although the NQ100 index recovered a little with the cautious speech of Fed Chairman Powell, who was in front of the press after the critical June meeting of the US Federal Reserve (FED), the technology index has increased by 75 basis points by making the largest-scale interest rate increase since 1994. The pressure on him continues. Technically, if the index continues its downward movements on the fourth trading day of the week, if it breaks below the 11 300 level permanently, the losses are likely to continue until the 11 140 support. 11 570 resistance can be followed in the upside trials that may occur in the index.
