13,521 Points Critical for Borsa Istanbul: Assoc. Prof. Dr. Filiz Eryılmaz Warns of Volatility Ahead of Data

Geopolitical Tension and the Recovery Process Economist Assoc.
Prof.
Filiz Eryılmaz evaluated the sharp selling pressure experienced in Borsa Istanbul last week due to US-Iran tensions.
Recalling that the index dipped below the 14,000-point mark during this period, Eryılmaz stated that the market rose back above this psychological limit following positive news flow from diplomatic channels.
Critical Support and Resistance Levels Drawing attention to the importance of technical levels for short-term investors, Eryılmaz emphasized that 13,521 points is a vital support point.
Intense Data Agenda Next Week Predicting that the index could fluctuate within a specific range as long as there is no negative news flow, Eryılmaz stated that the primary market activity will begin next week.
Noting that growth and inflation data will be the focus of the markets, Eryılmaz warned that volatility in Borsa Istanbul could increase significantly due to the density of the upcoming data flow.