NDXUSD

Following the retail sales data announced last day, the Nasdaq index ended the day with a 0.30% gain. While large-cap companies such as Microsoft, Nvidia, and Alphabet created selling pressure on the index yesterday, Tesla supported the index with 6.22% increases. The US PPI data will be followed on the economic calendar today, and both headline and core data are expected to increase on a monthly basis. When we technically examine the short-term pricing behavior of the Nasdaq index futures contract, positive expectations are at the forefront as long as it moves above the 17800 - 17900 region. In the continuation of the rise, 18000 - 18100 levels can be followed as resistance. In possible pullbacks, negative expectations can come to the fore with the index falling below the 17800 support. In declines, 17700 - 17600 levels can be followed as support. Support: 17800 - 17710 Resistance: 17950 - 18300