NDXUSD

The NASDAQ100 Index experienced limited pricing after headline and core PPI data in the US fell below expectations. This caused a slight easing in the 10-year bond yields, leading markets to focus particularly on CPI data. The NY Fed Empire State manufacturing index and speeches by FOMC members are also among the important events to be tracked during the day. Observing mixed trends in Asian markets has created a cautious atmosphere regarding the impacts of US inflation data, while uncertainties about the Fed's future rate decisions are causing investors to ponder.

Technically speaking, the NASDAQ100 Index is trading below the 20975 – 21100 region, supported by the 21-period exponential moving average. This region is putting pressure on the index's upward movements, leading to a continuation of the downward trend. If this trend persists, the 20900 and 20785 levels can be monitored as support. To gain upward momentum, the index needs stable pricing above the 20975 – 21100 region. In such a scenario, levels of 21200 and 21300 may be potential resistance levels above 21100. The RSI indicator is moving with a negative trend and has decreased by 0.11% compared to the previous day.