NDXUSD

The optimistic expectation that mega-capital companies that will announce their balance sheets this week had a profitable quarter allowed the Nasdaq index to end yesterday with an increase of over 1%. During the week, Tesla, Meta, Microsoft, Google balance sheets may be decisive in the index movements. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 17200-17300 region. As long as the index is 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