ANALYSIS
NQ100 Finds Support from PPIApr 14
Recovery in NQ100 Continues
While the US dollar is struggling to find demand in the global markets against the expectations of a less tightening step from the FED, it supports stocks. Technically speaking, it is clear that the NQ100 index is defending the uptrend. As long as 11 700 level is maintained below as a support, it is highly likely that the index will continue its recovery possibility to 12 030 then 12 200 level. In the surprise pullbacks below 11 700, the 11 535 – 11 370 line will be the recovery zone.
