NDXUSD

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NDXUSD

The day before, the Nasdaq index closed the day in the negative region of 06% after data indicating that growth in the US economy has slowed and inflation is persistent. While Microsoft and Alphabet, who announced their balance sheets after the US Senate, gained value after their financials that were appreciated by market investors, the Nasdaq index futures contract is moving 1.2% positive in the Asian session on the day we will follow the PCE deflator. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are following the 17500-17600 region. As long as the index moves above the region, positive expectations are at the forefront. In recoveries, 17800-17900 levels can be targeted in closings above 17700. With the suppression that may occur around the 50-period exponential moving average 17800, the 17400-17300 levels can be followed as support in closings below 17500. Support: 17500 – 17400 Resistance: 17700 – 17800