NDXUSD

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NDXUSD

The US PPI data showed an increase above expectations the other day. Despite this, there was a relaxation in some categories used in the calculation of the personal consumption expenditure price index in the PPI report. The Nasdaq index gained 0.75 yesterday before the inflation data to be announced today. The New York Empire State Manufacturing Index data, especially consumer inflation, is among the data to be followed for the index, which started the week horizontally positively. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 18200 -18300 region for the index. As long as the index moves above the region, positive expectations are at the forefront. In increases, the 18500 - 18600 levels can be followed as resistance. In possible decreases, negative expectations can come to the fore with the downward break of the 18200 level. In this case, the 18100 - 18000 levels can be followed as support. Support: 18200 – 18100 Resistance: 18400 – 18500