NDXUSD

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NDXUSD

Last Friday, the core PCE price index remained stable at 2.6% on an annual basis. On the other hand, the US 10-year Treasury bond yield showed a decline towards 4.18%. As a result of this situation; NASDAQ100 Index showed some recovery before Microsoft, Apple, Amazon and Meta balance sheets. When we evaluate it technically, as long as it limits the downward demand in the 18990 - 18895 area, the positive trend may continue. If the upward demand continues, there may be a movement area towards the 19220 and 19350 levels. In the alternative view, permanent pricing may be needed below the 18990 - 18895 area 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