NDXUSD

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NDXUSD

The day we left behind, there were widespread increases led by optimistic expectations that mega-capital companies that will announce their balance sheets this week had a profitable quarter. The Nasdaq index ended the day with an increase of over 1.59%. Supported by the Manufacturing PMI data below expectations announced yesterday, the US growth and PCE data for the US stock markets are among the data to be followed throughout the week due to the economic calendar. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 17400-17500 region. As long as the index is above the relevant region, it can be expected that the recoveries will continue. The 17700-17800 levels can be targeted in the increases. With the suppression that may occur around the 50-period exponential moving average 17700, the 17300-17200 levels can be followed as support in the closings below 17400. Support: 17500 – 17400 Resistance: 17700 – 17800