NDXUSD

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NDXUSD

The Chinese-based artificial intelligence company DeepSeek's launch of a lower-cost and energy-efficient model has increased competitive concerns in the U.S. AI industry. Significant losses have been observed in the shares of giant companies like Nvidia, and this situation is negatively affecting technology markets in general. As economic data such as durable goods orders and consumer confidence index are being monitored in the U.S., statements by Trump and Treasury Secretary Bessent regarding tariffs have led to the appreciation of the dollar.

The NASDAQ 100 index is trading below the resistance zone of 21400-21600. As long as the index remains below these resistance levels, the downward pressure is expected to continue. Support levels can be monitored at 21200 and 21100. Unless a permanent pricing occurs above the resistance zone, the rise expectations might remain limited. The RSI indicator is at 50 and shows a neutral outlook. The intraday change is at 0.01%, and the index is following a flat course.

Support :

21200 - 21100 - 20975

Resistance :

21400 - 21600 - 21700