NDXUSD

After the CPI and PPI data, which increased above expectations last week, the Nasdaq index lost nearly 1% of its value, while the US stock market will be closed today due to US Presidents' Day. In stock exchanges where volume will be low, the FOMC meeting minutes to be published in the middle of this week and the Manufacturing and Services PMI data will be followed in terms of the economic calendar. After the Wednesday session, Nvidia's 2023/4.Q balance sheet is among the notable headlines of the week. 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 moves below the 17800 - 17900 region. In the continuation of the pullbacks, the 17700 - 17600 levels can be followed as support. For positive expectations, the index can be expected to move above the 17800 - 17900 region. With persistence above the relevant region, the 18000 - 18100 levels can be followed as resistance. Support: 17700 - 17600 Resistance: 17800 - 17900