NDXUSD

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NDXUSD

The Nasdaq index remained flat ahead of today's US nonfarm payrolls data. The unemployment claims data exceeded expectations and was announced as 229 thousand, above expectations of 220 thousand. While Nvidia lost more than 1% due to news that the US will open antitrust investigations against Microsoft and Nvidia due to their dominance in the field of artificial intelligence, today's employment data will be monitored due to Fed expectations and therefore its impact on index movements. When we technically examine the short-term pricing of the Nasdaq index futures contract, we are monitoring the 18700 -18800 region for the index. As long as the index is above the 18800 level, positive expectations are at the forefront. In increases, the 19100 - 19200 levels can be monitored as resistance. In decreases, the 18900 - 18800 levels can be monitored as support. Support: 18900 - 18800 Resistance: 19100 - 19200