NDXUSD

For NDXUSD The Nasdaq index, which ended the past year with the best annual rise of the last twenty-five years, is moving within a limited range of movement on the first trading day of the new year. The US Manufacturing PMI data and the course of the stock markets can be followed during the day for the Nasdaq index futures contract, which opened at 16800 next week, when we will follow the US PMI and employment data. As long as the Nasdaq index moves within the 16800 - 16900 region in the short term, the decision-making phase scenario comes to the fore. For positive expectations, the movement above the 16900 level can be expected to continue. In increases, the 17000 - 17100 levels can be followed as resistance. Alternatively, in the corrections that the index will make from the peak levels downward, it can be observed that it falls below the 16800 support and closes below the level, and retreats towards the 16540 level can be observed. Support: 16750 - 16640 Resistance: 16890 - 17000