NDXUSD
US President Trump signaled new reciprocal tariffs expected to be implemented this week. At the same time, US 10-year Treasury yields rose to 4.50%. This situation pressured the gains in the NASDAQ100 Index. In the technology sector, stocks such as Nvidia, Palantir, SMCI, Broadcom, and Uber led the charge. Throughout the day, investors will be monitoring Fed Chairman Powell's speech.
The NASDAQ100 index continues to trade in a region supported by the indicators we are monitoring. When conducting technical analysis, we see that as long as the index remains above the 21500 – 21700 range, upward expectations could prevail. If this upward momentum continues, levels of 21820 and 21900 may be reached. Reactions at the 21900 level, supported by the descending trend line, are crucial for maintaining positive expectations. For a negative scenario, sustaining below the 21500 – 21700 range may be necessary.
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