ANALYSIS
NQ100 Finds Support from PPIApr 14
NQ100 will continue to rise above 15 200
The debt ceiling crisis has been recently solved in the US, yet discussions on Biden’s budget, which is now 1.7 to 1.9 trillion USD, continue. As a result, we observed NQ100 reaching the highest level of the last 30 days. Although the index suffered from profit realizations yesterday, it stays above 15 200 indicated by the 50-period SMA. As long as it stays above this level, 15 465 and 15 580 resistance levels will be on our radar.
