NDXUSD

The day before, there was a decline led by technology due to Alphabet and Microsoft's balance sheets not satisfying the markets' expectations for artificial intelligence. While the Fed did not change interest rates, the sell-off in the indexes deepened after Chairman Powell openly stated that he did not expect the Fed to cut interest rates in March. Before the employment data to be announced tomorrow, the Nasdaq index opened the new day with a 0.4% premium. We are following the 17200 - 17300 region for the Nasdaq index in the short term. As long as the index is below the relevant range, negative expectations are at the forefront. In the continuation of the pullbacks, the 17100 - 17000 levels can be followed as support. For positive expectations, it may be necessary to see a close above the 17400 resistance. In the continuation of the rise, the 17500 - 17600 levels can be followed as resistance. Persistence above the 17600 resistance can also be followed for confirmation of positive expectations. Support: 17100 - 17000 Resistance: 17300 - 17400