NDXUSD

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NDXUSD

On the first trading day of the week; the limited movement of the US 10-year treasury bond yield at 4.25% allowed the NDXUSD index to be priced limited. For the Index, which started the day at 19710 and was priced around 19720 while the analysis was being prepared; FOMC member Waller's speech can be followed during the day. When we evaluate it technically, as long as the 21 (19790) period exponential moving average currently supports the 19610 - 19505 region, the positive trend may continue. If the upward trend continues, a movement area may form towards the 19880 and 19990 levels. In the alternative view, permanent pricing may be needed below the 19610 - 19505 region for the downward trend to become dominant. In this case, movements towards the 19450 and 19310 levels can be monitored. Support: 19610 – 19505 Resistance: 19880 – 19990