NDXUSD

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NDXUSD

Following the CPI in the US cooling down more than expected and the Fed's monetary policy statement; the 10-year treasury bond yield recovering to 4.32%, the NDX index reached new highs. For the index, which started the day at 19610 and was priced around 19590 while the analysis was being prepared; applications for PPI and unemployment benefits can be followed during the day. When we evaluate the short-term pricing of the NDX Index technically, as long as the 21 (19274) period exponential moving average currently supports the 19300 level, the positive trend can continue. If the upward demand continues, a movement area can be formed towards the 19700 and 19800 levels. Support Levels are the 19500 - 19400 range. Support: 19500 - 19400 Resistance: 19700 - 19800