NDXUSD

The Nasdaq index, which managed to close the day with a 0.32% premium due to the decline in US bond yields the other day, made a positive opening in the middle of the week when the inflation data will be announced. Inflation has been resisting the weakening momentum in recent months. Therefore, employment data, which is at the forefront of the clues to be provided for inflation and growth, may become the focus of the next week. The FOMC meeting minutes to be published later in the day may also be counted among the developments that may have an impact on the June interest rate cut expectations. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 18100-18200 region. As long as the index moves below the region, negative expectations may come to the fore. If the downward pricing continues, the 18050 and 17950 levels may be encountered. In the alternative case, permanent pricing above the 18100-18200 region may be needed for the upward demand to come to the fore. Under this condition, the 18250 and 18350 levels may come to the agenda. Support: 18050 – 17950 Resistance: 18250 – 18350