ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100:US 10-Year-Olds Continue to Feed Demand for the Index
We can see that the world markets began the new week with a comparatively low-risk appetite as a result of the World Health Organization (WHO) designating the monkeypox pandemic as an International Public Health Emergency. However, aside from the optimism of the balance sheet season in the US markets, it is observed that the demand axis dominates in the index, with the demand slipping from the US 10 years. At this point, the 12 250 level is extremely critical. As long as this level, which is close support, is defended, the recovery may continue to 12 800, which is indicated by the Fibonacci 161.8 percent expansion line after 12 520 and 12 665. In case of possible sagging below 12 250, 12 110 support will be followed
