NDXUSD

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NDXUSD

NDXUSD fell to its lowest levels in the last 1.5 months due to the sharp sales in technology stocks. The relatively negative results in Tesla and Alphabet's balance sheets also put pressure on mega-cap technology stocks. For index pricing, the leading growth rate and deflator, unemployment benefit applications and durable goods orders can be monitored during the day. When we evaluate technically, as long as the downward demand is limited in the 18990 - 18895 region, the positive trend may continue. If the upward demand continues, a movement area may form towards the 19220 and 19350 levels. In the alternative view, permanent pricing may be needed below the 18990 - 18895 region for the downward trend to become dominant. In this case, movements towards the 18780 and 18660 levels can be monitored. Support: 18990 - 18895 Resistance: 19220 - 19350