NDXUSD

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NDXUSD

The Nasdaq index futures, which managed to carry its gains to the seventh week due to the dovish tone of statements made by Fed Chairman Powell after the interest rate decision last week, opened the week, which we will follow the PCE and growth expectations that the Fed follows for inflation estimates, at 16831. As long as the Nasdaq index moves above the 16650 - 16740 region in the short term, positive expectations come to the fore. In increases, the 16900 - 17000 levels can be followed as resistance. Alternatively, in corrections that the index will make from the peak levels downward, it can be followed as support if it falls below the 16650 - 16740 range and closes below the range, the 16555 - 16430 levels can be followed. Support: 16555 - 16430 Resistance: 16900 - 17000