NDXUSD

The stock markets were calm the other day before the inflation data to be announced tomorrow. The US PPI data and Chairman Powell's statements will be followed for the Nasdaq index, which started the second trading day of the week with a sell-off. While the monthly PPI change is expected to be at the level of 0.3%, the monthly expectation for Core PPI is 0.2% and the annual expectation is 2.3%. The US inflation to be announced tomorrow is the most critical data to be followed for the course of the US stock markets this week. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 18100 -18200 region for the index. As long as the index moves above the region, positive expectations are at the forefront. In increases, the 18300 - 18400 levels can be followed as resistance. In possible decreases, negative expectations can come to the fore with the downward break of the 18100 level. In this case, the 18000 - 17900 levels can be followed as support. Support: 18100 – 18000 Resistance: 18300 – 18400