NDXUSD
The NASDAQ100 Index is experiencing an upward movement due to expectations of a rate cut by the Fed in December strengthening after US inflation data rose in line with market expectations. Similar increases are observed in Asian indices, while upcoming PPI data and unemployment claims from the US are among the important data that could affect the index's trajectory. A generally positive atmosphere prevails in global markets, and the interest rate decisions of the European Central Bank (ECB) and the Swiss National Bank (SNB) are also closely monitored by investors.
Technically, the NASDAQ100 index is trading at the 21727 level, with support levels prominent at 21700, 21600, and 21500. On upward movements, resistance levels of 21800, 21900, and 22000 can be monitored. The RSI indicator is at level 58, displaying a positive outlook. The index, which experienced a 0.05% increase compared to the previous day, may maintain its positive trend in the short term. However, the stance of the supports in the 21500 – 21600 region will be important in potential pullbacks.
Support :
Resistance :