NDXUSD

On the last trading day of the week, the Nasdaq index futures contract exhibited pricing dominated by a downward trend. The index left Thursday's declines to limited movements today. Average hourly earnings, unemployment rate and nonfarm payrolls change will be monitored today. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are monitoring the 17900 - 18000 region. As long as the index moves below the region, downward trend may come to the fore. If downward pricing continues, the 17800 and 177000 levels may be encountered. In the alternative case, permanent pricing above the 18000 - 18100 region may be needed for the upward trend to come to the fore. In this case, the 18200 and 18300 levels may come to the fore. Support: 17800 - 17700 Resistance: 18000 - 18100