NDXUSD

Trade tensions and concerns about a recession in the U.S. continue. Treasury Secretary Bessent stated that while the U.S. economy remains fundamentally strong, the possibility of a recession cannot be ignored. This situation has led to pressure on the recent gains of the NASDAQ100 Index, particularly impacting technology stocks, with companies like Nvidia, Meta, Netflix, Palantir, Broadcom, and Tesla leading the declines. Additionally, the Fed's monetary policy announcements may be monitored throughout the day.

The NASDAQ100 index is trading within a region supported by the indicators we are following. When evaluated technically, as long as it stays within the range of 19600 – 19800, supported by the 21-period exponential moving average, the scenario of a decision phase remains valid. For positive expectations to strengthen, sustained pricing above the 19800 level may be necessary.