NDXUSD

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NDXUSD

The NASDAQ100 index is experiencing notable volatility as the U.S. addresses President Trump's decisions on tariffs for Canada and Mexico. While Trump's promises of deregulation and tax cuts are received positively by the market, the decline in U.S. 10-year bond yields is limiting potential declines in the index. In light of these developments, investors continue to monitor both the positive and negative impacts of Trump's policies.

From a technical analysis perspective, the NASDAQ100 index is trading at the 21,446 level on the daily chart, attempting to hold above the 21,500 - 21,400 support zone. As long as it remains above this support zone, the index is likely to continue its upward trend and move towards the 21,700 and 21,820 resistance levels. The RSI indicator is at 42, presenting a neutral outlook. The index experienced a 0.57% decrease compared to the previous day, and if it sees sustained pricing below the 21,400 support, there is a possibility of a pullback towards the 21,300 and 21,200 levels.

Support :

21500 - 21400 - 21300

Resistance :

21700 - 21820 - 21900