NDXUSD

The NASDAQ100 index continues to be under pressure due to the pricing effects following the Fed's monetary policy statement. The growth rate surpassing expectations and the 10-year treasury bond yields rising to levels seen in May are creating a negative impact on the index. The change in the core PCE price index, which will be announced today, may influence market perception. While cautious optimism prevails in Asian markets, U.S. index futures are experiencing a predominantly selling trend.

Technically, the NASDAQ100 index is trading below the 21600 - 21700 region, supported by the 21-period exponential moving average. In downward movements, the 21200 and 21100 levels are monitored as support, while the behavior of the 233-period exponential moving average in this area could be significant. The RSI indicator shows a negative trend at the 40 level. For the index to enter an upward trend, it needs to rise above 21700 and remain stable at this level. However, a short-term decline of 0.69% indicates that the downward trend may continue.