ANALYSIS
NQ100 Finds Support from PPIApr 14
The Upper Band of the Uptrend Channel is Watched on NQ100
We had a negative start to the new week before the US Federal Reserve's (Fed) interest rate decision to be announced on Wednesday this week. While the 12 385 level is at the critical support position in the index, where we are technically on the downtrend, as long as we stay above this region, it may be possible for the uptrends to gain momentum again. On the other hand, if 12 385 support cannot end the declines in the current pressure, 12 300 and 12 180 supports may come to the fore.
