NDXUSD

Although the risk appetite in the stock markets decreased after the Fed left the target interest rate unchanged last week and the hawkish tone in Fed Chair Powell's statements, the balance sheets of five companies, especially the magnificent seven, ensured that the index closed the week positively. Although non-farm employment increased almost twice as much as expected on Friday, the positive effect created by the Meta balance sheet in particular led the company stocks to record the biggest intraday increase, paving the way for the index to close with a 1.7% increase. We are monitoring the 17500 - 17600 region in the short term for the Nasdaq index. As long as the index moves above the relevant range, positive expectations are at the forefront. In the continuation of the rise, the 17700 - 17800 levels can be monitored as resistance. If the pressure under the 17800 resistance, which has been working as an effective resistance recently, continues, the 17600 - 17500 levels can be monitored as current support levels. Support: 17500 - 17400 Resistance: 17700 - 17800