NDXUSD

The US inflation data announced the day before last increased above expectations, causing the US indexes to retreat from record levels. In fact, this expected retreat was necessary for healthier growth. These corrections are a buying opportunity for every company producing artificial intelligence. While the selling pressure increased in construction and banking stocks, which are among the interest-sensitive sectors, the Nasdaq index ended the day with a decline of nearly 2% due to declines in mega-capital companies such as Tesla, Apple, and Microsoft with high market value. When we technically examine the short-term pricing behavior of the Nasdaq index futures contract, negative expectations are at the forefront as long as it is below the 17600 - 17700 region. Recoveries can be observed with the index breaking the 17700 resistance. For positive expectations, it may be necessary to see permanence above the 17800 - 17900 region. Support: 17500 - 17400 Resistance: 17700 - 17800