NDXUSD

In the middle of the week; Despite the decline in the US 10-year Treasury bond yield, the NDXUSD Index moved downward. Some results below expectations in Google and Tesla's balance sheets allowed the index to see some pressure. Tesla's automotive revenues declined and Alphabet's Youtube ad revenue remained below expectations. For index pricing, leading service and manufacturing PMIs and new home sales data can be monitored during the day. When we evaluate technically, as long as the downward demand is limited in the 19490 -19395 area, the positive trend may continue. If the upward demand continues, there may be a movement area towards the 19720 and 19850 levels. In the alternative view, permanent pricing below the 19490 -19395 area may be needed for the downward trend to become dominant. In this case, movements towards the 19280 and 19160 levels can be monitored. Support: 19490 – 19395 Resistance: 19720 – 19850