ANALYSIS
NQ100 Finds Support from PPIApr 14
UK100 Prepares to Collect Its Losses
In the British economy, downside risks due to the domestic demand reduced by inflation and strikes were putting the UK100 index under pressure. However, on the last trading day of the week, the signs of recovery in investor risk appetite in global markets bring reactions to the index. As a matter of fact, it is seen that a trend change has taken place in today's first pricing. After a successful transition to the 7 530 point level above, the 7 560 point level marked by the Fibonacci 61.8 percent retracement can be followed. In retreats, the 7 475 – 7 440 range can act as a recovery zone.
