ANALYSIS
NQ100 Finds Support from PPIApr 14
Rebound Behavior is Maintained in NQ100
Markets are focused on the Federal Open Market Committee (FOMC) meeting due tomorrow. At this point, the step of increasing the interest rate by 50 basis points instead of 75, which is expected from the committee, supports the stocks. Technically speaking, it is seen that the NQ100 index has ended the minor downward trend. If 11 865 resistance can be exceeded in the ongoing interim recovery, the psychological level of 12 000 may become the target. In possible retreats, 11 620 and 11 480 supports can be followed.
