NDXUSD

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NDXUSD

The Nasdaq index, which fell from peak levels due to the increase in US 10-year bond yields the day before, ended the day with a 0.58% decrease. The second reading of the US growth data to be announced during the day is among the most effective economic calendar data to be followed for index movements. In the first reading, it was estimated that the economy grew by 1.6% compared to the previous quarter, below expectations. In the second reading to be announced, this rate is expected to fall to 1.2%. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are following the 18600 - 18700 region for the index. As long as the index is below the region, negative expectations are at the forefront. In declines, the 18500 - 18400 levels can be followed as support. In possible increases, positive expectations can come to the fore with the 18700 resistance being overcome. In this case, the 18800 - 18900 levels can be followed as resistance. Support: 18500 – 18400 Resistance: 18700 – 18800