NDXUSD

The day before, when US stock exchanges were closed due to Martin Luther King Day, index futures traded sideways with limited negativity, with low volumes. The weakening of expectations for a reduction in the Fed supported the sell-off in the indexes. This week, along with the balance sheet season, is among the titles to be followed in terms of the economic calendar. For today, the statements of the FOMC members and the NY Empire State Manufacturing Index can be followed for index movements. As long as the Nasdaq index moves below the 16900 - 17000 region in the short term, negative expectations are at the forefront. In the continuation of the pullbacks, the 16640 - 16550 levels can be followed as support. In possible recoveries, positive expectations can come to the fore in the closings of the index above the 16900 resistance. In this case, increases towards the 17000 - 17100 levels can be observed again. Support: 16640 - 16550 Resistance: 16900 - 17000