ANALYSIS
NQ100 Finds Support from PPIApr 14
SP500 May Test Downtrend
The downtrend in the index, which has a positive entrance to the market opening, and the desire to move towards the Fibonacci 138.2 percent expansion level continues. If this region, which points to the 4 087 resistance, cannot end the upward movements, the 4 110 and 4 160 resistances can be determined as new targets. However, if the resistance of 4 087 is not overcome, the index, which will continue the downtrend, may regress towards the level of 4 050.
