NDXUSD

While the stock market was closed due to the US Memorial Day, the Nasdaq index managed to gain over 1%. Throughout the week, the PCE data, which the Fed follows as an inflation indicator, and the US growth data are among the most effective economic calendar data to be followed for index movements. When we examine the short-term pricing of the Nasdaq index futures contract technically, we are following the 18700 -18800 region for the index. The pricing of the index outside the region will be monitored. It may be necessary to see movement above the 18900 resistance for positive expectations. In increases, the 19000 - 19100 levels can be followed as resistance. In decreases, if it falls below 18700, a pullback to 18600 may be seen. Support: 18700 - 18600 Resistance: 18900 - 19000