NDXUSD

With Fed Chairman Powell stating that they will not wait for inflation to reach the 2% target to lower the Fed's interest rate, the market strengthened its interest rate cut expectations. With the support of this situation, it supported the NDXUSD index to limit its pullbacks. In terms of index pricing, construction permits, industrial production and FOMC member Waller's speech can be monitored during the day. When we evaluate technically, as long as it limits the downward demand in the 20290 - 20195 region, the positive trend can continue. If the upward demand continues, there may be a movement area towards the 20390 and 20510 levels. In the alternative view, permanent pricing may be needed below the 20290 - 20195 region for the downward trend to become dominant. In this case, movements towards the 20090 and 19960 levels can be monitored. Support: 20290 - 20195 Resistance: 20390 - 20510