NDXUSD

For the technology index, which finished the previous day with a decrease of over 1%, today we will follow the personal consumption expenditure data, which the Fed follows as an inflation indicator. Market expectations are that the data will increase by 0.3% on a monthly basis in April and the annual increase will be 2.7%. In other words, the PCE data continues to move above the target. When we technically examine the short-term pricing of the Nasdaq index futures contract, we follow the 18500 -18600 region for the index. As long as the index moves below the region, negative expectations are at the forefront. In declines, 18400 - 18300 levels can be followed as support. In possible increases, positive expectations can come to the fore with the 18600 resistance being exceeded. In this case, 18700 - 18800 levels can be followed as resistance. Support: 18400 - 18300 Resistance: 18600 - 18700