NDXUSD

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NDXUSD

The US markets were closed last day due to US Presidents' Day. For this reason, a calm course with low volume was observed in US index futures. While the Nasdaq index is moving sideways, the FOMC meeting minutes to be followed tomorrow and the Manufacturing and Services PMI data to be announced for the rest of the week may be important for index movements in terms of the economic calendar. After the Wednesday session, Nvidia's 2023/4.Q balance sheet remains important among the week's notable headlines. 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 17600 - 17700 region. In the continuation of the pullbacks, the 17500 - 17400 levels can be followed as support. For positive expectations, the index can be expected to move above the 17600 - 17700 region. With persistence above the relevant region, the 17800 - 17900 levels can be followed as resistance. Support: 17600 - 17500 Resistance: 17800 - 17900