NDXUSD

Following the DeepSeek tremor, efforts to recover in the markets continue on the last trading day of the week. Positive movements in after-market trading following Apple's financial results have boosted investor morale. However, increases in the 10-year bond yields have limited the gains in the NASDAQ100 Index. Today, core PCE price index, employment cost index, and Chicago PMI data will be monitored.

The NASDAQ100 index is trading above the level supported by the indicators we are tracking. In short-term technical analysis, as long as it remains within the range of 21400 – 21600, supported by the 21 (21603) and 233 (21435) period exponential moving averages, upward expectations may strengthen. If the upward trend continues, levels of 21820 and 21900 may be tested. In an alternative scenario, if there is a sustained stay below the 21400 – 21600 range, a movement towards the levels of 21300 and 21200 could be observed. The critical level of the day: 21400 – 21600 range.