Good Morning! Optimistic expectations on economy underpinned the market yesterday and the US indices closed the day in green on the anniversary of their trough during the latest crisis. Asian markets are following a mixed course this morning as the prospect of a rate hike from China is taking the markets under pressure. As for Turkey, the initial day without IMF started with a sell off however, the index managed to gain some of its losses and closed the day slighly negative at 52.753 (-0.39%), recording a volume of TRY 1.6Bn. The market was lackluster, in line with the low volume while neither inflow nor outflow was observed in general. While market participants do not expect an adverse effect in the upcoming term, the general view for the non-IMF term is almost alike among the investors. Today, we foresee a sideways opening followed by a range bound trading. We may see stock specific moves based on the 4Q earning updates and newsflow. Technically, we see 52.200 as the intraday support level while 53.800 is the resistance.