ANALYSIS
NQ100 Finds Support from PPIApr 14
UK100 Gets Support from Fibonacci 61.8
The inability to suppress the concerns about the banking sector in the global market causes hard sales in the UK index. The index, which was suppressed under the downtrend, reached the 61.8% correction level of Fibonacci, while trying to maintain a permanence above the 7 346 support. If it can maintain its permanence over this region, the movements of the index, which may bring 7 392 and 7 438 resistances to the agenda in the short term, may be limited. However, in the transitions to be provided under the support of 7 346 in the current pressure, the sharp declines towards the 7 200 region may be put on the agenda again.
