ANALYSIS
NQ100 Finds Support from PPIApr 14
Re-test Is Followed On NQ100
Although the downward movements accelerated yesterday in the technology index, which ended its pressure after the ascending channel, our permanence above the Fibonacci 38.2 percent support zone was preserved. In the index, which is possible to test the lower band of the triangle formation in the current recovery, we follow the 12 700 level as a resistance, while if this region is not exceeded, the declines may accelerate again and may want to reach 12 515 and then 12 430 supports. However, if 12 700 resistance cannot stop the current climb, 12 765 and 12 900 resistances may come to the fore.
