NDXUSD

While the Fed's monetary policy is expected in the middle of the week, Microsoft lost 2.7% as cloud segment results that fell short of expectations overshadowed better-than-expected profit and revenue results. AMD rose 7.6% with strong quarterly results, which supported Nvidia's 5% rise. Following this situation, the Index recovered and can be monitored during the day; ADP nonfarm employment change, employment cost index, pending housing sales and Fed monetary policy statement. When we evaluate technically, as long as the downward demand is limited in the 18990 - 18895 area, the positive trend may continue. If the upward demand continues, there may be movement 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