NDXUSD

image

NDXUSD

While US stock markets were struggling to find direction the day before, the Nasdaq index closed 0.10% horizontally positive. Meta, which lost over 15% with its first quarter balance sheet announced after the US session, created pressure in today's openings. On the day we will follow the US growth data, the Nasdaq index futures contract is trending 1.5% negative in the Asian session. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are following the 17300-17400 region. The pricing behavior of the index outside the region will be followed. In closings above 17400, a new upward rally can be observed. In increases, 17500-17600 levels can be targeted. With the desire to decline coming to the fore in the possible suppression around the 50-period exponential moving average 17400, 17200-17100 levels can be followed as support in closings below 17300. Support: 17200 – 17100 Resistance: 17400 – 17500