NDXUSD

Following the sharp decline following the retail sales figures that exceeded expectations, the risk appetite in the stock markets remained positive the other day. Following the Nasdaq TSM company's announcement of an above-expected profit forecast for 2024, Apple and Nvidia rose. The University of Michigan consumer survey to be released today can be followed for index movements. As long as the Nasdaq index remains above the 16900 - 17000 region in the short term, positive expectations are at the forefront. The 17100 - 17200 levels can be followed as support. In possible corrections, negative expectations may come to the forefront as the index breaks the 16900 support downwards. In this case, declines towards the 16840 - 16750 levels can be observed again. Support: 16840 - 16750 Resistance: 17100 - 17200