NDXUSD

Despite the ISM manufacturing PMI data showing a decline for the third consecutive month, the rise in 10-year bond yields and NASDAQ100 recorded limited pullbacks. For index pricing; JOLTS job opportunities and Fed Chairman Powell's speech can be followed during the day. The NDXUSD index fluctuates within the region supported by the indicators we follow. When we evaluate technically, as long as the 21 (19590) period exponential moving average currently supports the 19640 - 19535 region, the positive trend may continue. If the upward trend continues, a movement area may form towards the 19830 and 19960 levels. In the alternative view, permanent pricing may be needed below the 19640 - 19535 region for the downward trend to become dominant. In this case, movements towards the 19450 and 19310 levels can be monitored. Support: 19640 – 19535 Resistance: 19830 – 19960