NDXUSD

The expectations that the stubborn stance of inflation will continue after the retail sales data, which increased above expectations the day before, postponed the Fed's discount expectations. US indices increased their decline rate due to ongoing geopolitical risks and good economic data, and completed the day with a loss of nearly 2%. US industrial production data and Fed Chairman Powell's speech can be followed for index movements during the day. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are following the 17800 -17900 region. As long as the index is below the relevant region, negative expectations are at the forefront. In the continuation of the decline, the 17600 - 17500 levels can be followed as support. For positive expectations, the index can be expected to remain above the 17800 level. If the 17700 level works as support, upward recoveries towards the 17800 - 17900 levels can be followed. Support: 17600 – 17500 Resistance: 17800 – 17900