ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100:The Recoveries May Continue
The day we left behind, the US Federal Reserve (Fed) Chairman Jerome Powell drew attention to the possibility of a recession, putting pressure on the NQ100 index. However, the support for the recovery in technology sentiment continues to persist in the index after the approval of billionaire entrepreneur Elon Musk's offer to buy Twitter. In addition, the softening of the dollar also contributes here. Technically, the index, which continues its corrective movements on the last trading day of the week, can continue its recovery until the 12 140 resistance, if the 11 960 level is left behind with permanent closes. 11 660 and 11 500 support levels can be followed in possible downward movements in the index.
