NDXUSD

The Nasdaq index, which completed every trading day of the week with a loss due to increasing geopolitical risk and decreasing Fed discount expectations last week, made a positive start to the week in which we will follow critical data from the US side with the optimism that Iran will not respond to Israel's retaliation. This week, we will follow important data such as US growth, PCE, PMI in terms of the economic calendar. Throughout the week, Tesla, Meta, Microsoft, Google balance sheets may be decisive in index movements. When we technically examine the short-term pricing of the Nasdaq index futures contract, we follow the 17200-17300 region. As long as the index moves below the relevant region, negative expectations are at the forefront. In the continuation of the decline, the 17100-17000 levels can be followed as support. For recoveries, the index can be expected to remain above the 17300 level. If the 17300 level works as support, recoveries can be followed upwards towards the 17400-17500 levels. Support: 17100 – 17000 Resistance: 17300 – 17400