NDXUSD

The US inflation data announced the other day exceeded expectations in both core and headline data. While pullbacks were observed in US indices, the continued easing in core inflation, despite being above expectations, allowed the Nasdaq index to regain what it lost after the data. In the PPI data to be announced today, a 0.2% increase is expected in both core and core on a monthly basis. The headline data is also expected to reach 1.4% annually. As long as the Nasdaq index moves above the 16740 - 16900 region in the short term, positive expectations are at the forefront. In the continuation of recoveries, the 17000 - 17100 levels can be followed as resistance. In possible declines, the index moving below the 20-period average support of 16740 may bring negative expectations to the forefront. Support: 16630 - 16540 Resistance: 16900 - 17000