NDXUSD

The decline in the US 10-year treasury bond yield towards 4.23% supported the NDXUSD index to limit the decline demand. For the index, which started the day at 19516 and was priced around 19540 during the analysis preparation; Conference Board consumer confidence and Richmond Fed manufacturing index can be followed during the day. Technically speaking, as long as the 21 (19590) period exponential moving average currently supports the 19440 - 19335 region, the positive trend can continue. If the upward demand continues, a movement area can be formed towards the 19630 and 19760 levels. In the alternative view, permanent pricing may be needed below the 19440 - 19335 region for the downward trend to become dominant. In this case, movements towards the 19250 and 19110 levels can be monitored. Support: 19440 – 19335 Resistance: 19630 – 19760